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 |
| Year | Dividend | Annual Shareholders' Meeting | Dividend Payment1 |
| 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.
