Dividend
Our finance strategy calls for paying out 40 % to 60 % of net profits as dividends as a general rule. The Board of Management and the Supervisory Board will therefore propose a dividend of €1.35 per share for financial year 2020 to shareholders at the Annual General Meeting on 6 May 2021 (previous year: €1.15). The payout ratio in relation to consolidated net profit adjusted for significant one-off effects, amounts to 48.9 %. In relation to the consolidated net profit attributable to Deutsche Post AG shareholders, the payout ratio amounts to 56.2 %. The net dividend yield based on the year-end closing price for our shares is 3.3 %. The dividend will be distributed after the deduction of capital gains tax and the solidarity surcharge on 11 May 2021.
