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
| 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|
| Total dividend amount (million €) | 19.4* | 14.7 | 23.4 | 53.6 | 58.8 | 34.6 |
| Dividends per share (€) | 0.29* | 0.22 | 0.35 | 0.80 | 0.80 | 0.25 |
| EPS (€) | 0.73 | 0.53 | 0.84 | 1.19 | 9.36 | 0.63 |
| Number of shares (million) | 66.962 | 66.962 | 66.962 | 66.962 | 73.482 | 138.232 |
| Dividend payout ratio | 39.7 %* | 41.5 % | 41.7 % | 67.2 % | 8.5 % | 39.7 %** |
* Joint proposal of the Management Board and the Supervisory Board
** The dividend payout ratio in % of 2013 solely refers to the dividend distribution of € 34.6m as of 13 June 2014