Dividend €4.75

Dividend

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 2018 will be paid out three business days after the day of the ASM (April 26, 2019) on May 2, 20191.

  • Continental has increased its dividend by more than 200% since 2011.
  • The payout ratio has been constantly raised since 2012.
  • The payout ratio for fiscal 2018 will be 32.8%.​​

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. 

Dividend history

Dividend pay out during the last years.


YearDividendAnnual Shareholders' MeetingDividend Payment1
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.

Dividend for fiscal 2018 - timetable

March 7, 2019Dividend proposal
April 26, 2019Dividend resolution by Annual Shareholders' Meeting
April 29, 2019Announcement of dividend payout
April 29, 2019Ex-dividend day
April 30, 2019Record day for dividend
May 2, 2019Payment for dividend for the fiscal year 2018

Dividend announcement

Annual Shareholders' Meeting 2019

The Annual Shareholders' Meeting of April 26, 2019 resolved to pay a dividend of €4.75 per no-par-value share for the fiscal year 2018.

On May 2, 2019, 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:

UniCredit Bank AG

80311 München

 

Hannover, April 26, 2019 

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