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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
      2023€ 2.20226. April 2024May 2, 2024
      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.
      2Subject to the approval of the Annual Shareholders' Meeting on April 26, 2024.
       

      Dividend for fiscal 2023 - timetable 2024
      March 7, 2024Dividend proposal by Executive and Supervisory Board
      April 26, 2024Dividend resolution by Annual Shareholders' Meeting
      April 29, 2024Announcement of dividend payout (Federal Gazette (Bundesanzeiger))
      April 29, 2024Ex-dividend day
      April 30, 2024Record day for dividend payment
      May 2, 2024Payment for dividend for the fiscal 2023
      Upcoming Events
      9
      Apr
      Quiet Period Q1 2024
      2024-04-09 - 2024-05-07
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      26
      Apr
      Annual Shareholders' Meeting 2024
      2024-04-26
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      2
      May
      Dividend Payment for fiscal 2023
      2024-05-02
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