At the Annual General Meeting on 18 May 2016, the Board of Management and the Supervisory Board will therefore propose a dividend of €0.85 per share for financial year 2015 (previous year: €0.85) to shareholders. The distribution ratio based upon the consolidated net profit for the period attributable to Deutsche Post AG shareholders amounts to 66.9 %. Adjusted for one-off effects the distribution ratio amounts to 46.0 %. The net dividend yield based upon the year-end closing price of our shares is 3.3 %. The dividend will be distributed on 19 May 2016 and is tax-free for shareholders resident in Germany. It does not entitle recipients to a tax refund or a tax credit.
Our finance strategy calls for a payout of 40 % to 60 % of net profits as dividends as a general rule.