Dividend

The dividend for the previous fiscal year is paid once a year after the approval of the Annual Shareholders' Meeting. 

The Executive Board and the Supervisory Board propose to the Annual Shareholders‘ Meeting on April 29, 2021 that the net income of the Company for fiscal 2020 in the amount of € 6,038,832,249.02 will be carried forward to new account.

Dividend history

Dividend pay out during the last years.


YearDividendAnnual Shareholders' MeetingDividend Payment1
2019 €3.00July 14, 2020 July 17, 2020
2018 €4.75 April 26, 2019May 2, 2019
2017 €4.50April 27, 2018May 3, 2018
2016 €4.25April 28, 2017May 4, 2017
2015 €3.75 April 29, 2016 May 2, 2016
2014 €3.25April 30, 2015May 4, 2015
2013 €2.50April 25, 2014April 26, 2014 

1Since 2017, in accordance with Section 58, Paragraph 4, Sentence 2 of the German Stock Corporation Act (AktG), the entitlement to the dividend is due on the third business day following the resolution of the Annual Stockholders’ Meeting.