Dividend

Dividend for financial year 2016 at € 0.30 per share

On 10 May 2017, the dividend of € 57.4 million for 2016 was paid out. The dividend payment for financial year 2016 was € 0.30 per share (previous year: € 1.15 per share), which equals to a payout ratio of 44%.

  2011 2012 2013 2014 2015 2016
Dividend in euro  1.30 1.40 0.25 0.90 1.15 0.30
Closing price (XETRA) in euro (31.12.) 34.92 35.00  22.38 22.92 23.62 22.69
Dividend yield in % 1) 3.7 4.0  1.1 3.9 4.9 1.3
Total dividend payment in € million 268.0 268.0  47.9 172.3 220.1 57.4
Payout Ratio in % 2) 42.8 42.0  10.9 47.0 40.6 44.0

1) Refers to the closing price.
 2) Refers to adjusted Group earnings after taxes.