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      Dividend

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

      Dividend Policy

      As announced at the Capital Market Day in December 2023, the corridor for dividend distributions has been increased to around 20 to 40 percent of net income (previously: around 15 to 30 percent).

      Dividend proposal of €2.20 per share for fiscal year 2023

      Based on the updated distribution strategy of 20 to 40 percent of net income, the Continental Executive Board will propose a €0.70 increase in the dividend to €2.20 per share for the past fiscal year. At around 38 percent, the distribution to shareholders is at the upper end of the defined range and would amount to around €440 million in total.

      Dividend history
      YearDividendAnnual Shareholders' MeetingDividend Payment1
      2022€1.5027. April 2023May 3, 2023
      2021€2.2029. April 2022May 4, 2022
      2020€ 0.00April 29, 2021n.a.
      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.
       

      Dividend for fiscal 2022 - timetable 2023
      March 8, 2023Dividend proposal by Executive and Supervisory Board
      April 27, 2023Dividend resolution by Annual Shareholders' Meeting
      April 28, 2023Announcement of dividend payout
      April 28, 2023Ex-dividend day
      May 2, 2023Record day for dividend
      May 3, 2023Payment for dividend for the fiscal year 2022
      Upcoming Events
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      Quiet Period Q1 2024
      2024-04-09 - 2024-05-07
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      Annual Shareholders' Meeting 2024
      2024-04-26
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      May
      Quarterly Statement as at March 31, 2024
      2024-05-08
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