17 Earnings per Share/Dividend
The diluted earnings per share were identical to the basic earnings in both the year under review and the previous year.
The dividend distribution for fiscal 2016 amounted to €99.4 million, or €2.00 per dividend-bearing share. No allocations to retained earnings were made at Wacker Chemie AG for fiscal 2016.
The Executive Board of Wacker Chemie AG has proposed a dividend for 2017 equivalent to 50 percent of the Group’s income from continuing operations, or €2.50 per share. In addition, the shareholders are to benefit from the successful sale of Siltronic AG shares and from the good trend in net financial debt via a special bonus of €2.00 per share. The dividend proposal relates solely to dividend-bearing shares, i. e. excluding treasury shares. The acceptance or rejection of this proposal is incumbent on the Annual Shareholders’ Meeting of Wacker Chemie AG. Subject to acceptance of the proposal, an amount of €223,550,923.50 will be distributed to the 49,677,983 no-par-value shares that are not held by the company.
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2017 |
2016 |
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Average number of outstanding common shares (units) |
49,677,983 |
49,677,983 |
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Number of common shares outstanding at the end of the year (units) |
49,677,983 |
49,677,983 |
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Dividend per dividend-bearing common share (€) |
2.50 |
2.00 |
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Special bonus from the sale of Siltronic shares (€) |
2.00 |
– |
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Distribution per dividend-bearing common share (€) |
4.50 |
2.00 |
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Income from continuing operations |
250.1 |
178.1 |
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Less income from continuing operations attributable to non-controlling interests |
-9.6 |
7.0 |
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Net result for the year from continuing operations attributable to Wacker Chemie AG shareholders (€ million) |
240.5 |
171.1 |
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Net result for the year from discontinued operations attributable to Wacker Chemie AG shareholders (€ million) |
626.2 |
8.1 |
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Net result for the year attributable to Wacker Chemie AG shareholders (€ million) |
866.7 |
179.2 |
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Earnings due to common shares (€ million) |
866.7 |
179.2 |
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Earnings per common share (average, €) |
17.45 |
3.61 |
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Earnings per common share (as of reporting date, €) |
17.45 |
3.61 |
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Of which earnings per share from continuing operations |
4.85 |
3.44 |
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Of which earnings per share from discontinued operations |
12.60 |
0.17 |
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