Appropriation of Profits and Rating
Proposal on Appropriation of Profits
In 2020, Wacker Chemie AG posted a retained profit of €1,198.6 million under German Commercial Code accounting rules. The Executive and Supervisory Boards will propose a dividend of €2.00 per share at the Annual Shareholders’ Meeting. Based on the number of shares entitled to dividends as of December 31, 2020, the total cash dividend corresponds to a payout of €99.4 million. Calculated in relation to WACKER’s average share price in 2020, the dividend yield is 2.9 percent.
As WACKER has sufficient lines of credit with banks and does not issue rated financing instruments such as bonds and commercial paper, it has not published a credit rating thus far.