Proposal on Appropriation of Profits
In 2018, Wacker Chemie AG posted a retained profit of €1,482.3 million under German Commercial Code accounting rules. The Executive and Supervisory Boards will propose a dividend of €2.50 per share at the Annual Shareholders’ Meeting. Based on the number of shares entitled to dividends on December 31, 2018, the total cash dividend corresponds to a payout of €124.2 million. Calculated in relation to WACKER’s average share price in 2018, the dividend yield is 2.1 percent. At the Annual Shareholders’ Meeting, the Executive and Supervisory Boards will propose treating the amount remaining after deduction of the dividend as profit carried forward.
WACKER has sufficient lines of credit with banks and does not issue rated financing instruments such as bonds and commercial paper. Consequently, WACKER has not published a credit rating thus far.