The dividend for the previous fiscal year is paid once a year after the approval of the Annual Shareholders' Meeting.
The proposed dividend for fiscal 2019 will be out three business days after the day of the ASM (July 14, 2020) on July 17, 20201.
1In 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.
| June 3, 2020 | Dividend proposal by Executive and Supervisory Board |
| July 14, 2020 | Dividend resolution by Annual Shareholders' Meeting |
| July 15, 2020 | Announcement of dividend payout |
| July 15, 2020 | Ex-dividend day |
| July 16, 2020 | Record day for dividend |
| July 17, 2020 | Payment for dividend for the fiscal year 2020 |
The Annual Shareholders' Meeting of July 14,2020 resolved to pay a dividend of €3.00 per no-par-value share for the fiscal year 2019.
On July 17, 2020, the dividend will be paid after deduction of 25 % withholding tax plus 5.5 % solidarity surcharge on the withholding tax (totalling 26.375 %) and, if applicable, church tax on the withholding tax.
In the case of domestic shareholders, the dividend will be paid without deducting withholding tax and solidarity surcharge if they have submitted to their depository bank a "Non-assessment note" issued by the responsible tax authority. The same applies in whole or in part to shareholders who have provided their depositary bank with an “exemption order”, provided the amount of the exemption stated in this order has not already been used up by other income from capital investments.
In the case of foreign shareholders, the withholding tax including solidarity surcharge withheld may be reduced under double taxation treaty existing between the Federal Republic of Germany and the respective country. Applications for the reimbursement of the reduction amount must be addressed in time to the Federal Tax Agency (Bundeszentralamt für Steuern, D-53221 Bonn, Germany).
The following bank and its branches serve as appointed paying agent:
in Germany:
Deutsche Bank AG
Taunusanlage 12
60325 Frankfurt am Main
Hannover, July 14, 2020
Continental AG
The Executive Board
The above announcement, published in the German Federal Gazette (Bundesanzeiger), prepared for the convenience of English-speaking readers, is a translation of the German original. For purposes of interpretation the German text shall be authoritative and final.
| Year | Dividend | Annual Shareholders' Meeting | Dividend Payment1 |
| 2019 | €3.00 | July 14, 2020 | July 17, 2020 |
| 2018 | €4.75 | April 26, 2019 | May 2, 2019 |
| 2017 | €4.50 | April 27, 2018 | May 3, 2018 |
| 2016 | €4.25 | April 28, 2017 | May 4, 2017 |
| 2015 | €3.75 | April 29, 2016 | May 2, 2016 |
| 2014 | €3.25 | April 30, 2015 | May 4, 2015 |
| 2013 | €2.50 | April 25, 2014 | April 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.
