We return company profits to shareholders in part in the form of dividends.

The frequency and amount per share of dividend payments are decided by our Management Board.

Our dividend policy is to target a payout ratio in the range of 40-50% of pro forma underlying income from continuing operations.

The proposed dividend amount over 2017 and dates for 2018 will become available on the 28th of February 2018.

Dividend dates (2017)

Annual General Meeting of Shareholders

April 12, 2017

Ex-dividend date*

April 18, 2017

Dividend record date

April 19, 2017

Payment date

April 26, 2017


* Ex-dividend date for the ADRs will be on April 17, 2017