At the Annual Shareholders’ Meeting of May 21, 2010, it was decided to pay out a total dividend sum of €59.6 million (2008: €89.4 million) from the retained profit of €533.4 million posted in 2009 (2008: €576.9 million). The dividend per share entitled to dividends for 2009 was therefore €1.20 (2008: €1.80). The dividend was distributed to shareholders on May 22, 2010.
At a volume-weighted average share price of €89.99 in 2009, this produced a dividend yield of 1.33 percent. Because the net result for the year was negative, no distribution ratio can be calculated.
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Dividend Trends |
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€ |
2009 |
2008 |
2007 |
2006 |
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Dividend |
1.20 |
1.80 |
2.25 |
2.00 |
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Plus special bonus per share |
– |
– |
+0.75 |
+0.50 |
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Dividend yield (%) |
1.3 |
1.5 |
2.0 |
2.1 |
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Net result for the year |
-70.8 |
438.5 |
422.0 |
311.3 |
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Dividend payout (million) |
59.6 |
89.4 |
149.1 |
124.2 |
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Distribution ratio (%) |
n. a. |
20.4 |
35.3 |
39.9 |