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Development of Dividends

Our dividend policy is geared to both long-term value enhancement and to sustain the earnings strength of the Company.

Dividends and Payout Ratio

  2017* 2016 2015 2014 2013 2012
Total dividend amount (million €) 14.7 23.4 53.6 58.8 34.6 34.6
Dividends per share (€) 0.22 0.35 0.80 0.80 0.25 0.25
EPS (€) 0.53 0.84 1.19 9.36 0.63 0.65
Number of shares (million) 66.962 66.962 66.962 73.482 138.232 138.232
Dividend payout ratio 41.5 % 41.7 % 67.2 % 8.5 % 39.7 %** 38.5 %

*   Joint proposal by the Supervisory Board and Management Board

** The dividend payout ratio in % of 2013 solely refers to the dividend distribution of € 34.6m as of 13 June 2014