At the Annual General Meeting on 29 May 2013, the Board of Management and the Supervisory Board made a proposal to shareholders to pay a dividend of €0.70 per share for financial year 2012 (previous year: €0.70). The distribution ratio based on the consolidated net profit attributable to Deutsche Post AG shareholders amounts to 51.0%. The net dividend yield based on the year-end closing price of our shares is 4.2%. The dividend was distributed on 30 May 2013 and is tax-free for shareholders resident in Germany.
Our dividend policy provides for a payout of between 40% and 60% of annual net profit as dividends to our shareholders, taking into account the cash flow and continuity.