Our finance strategy calls for paying out 40 % to 60 % of net profits as dividends as a general rule. The Annual General Meeting decided on 6 May 2022 a dividend of €1.80 per share for the 2021 financial year (previous year: €1.35). The payout ratio in relation to the consolidated net profit attributable to Deutsche Post AG shareholders amounts to 43.6 %. Adjusted for significant one-off effects, the payout ratio is 42.9 %. The net dividend yield based on the year-end closing price for our shares is 3.2 %.
The financial year 2021 dividend of €1.80 per no-par value share carrying dividend rights will generally be disbursed by the custodian banks less 25 % capital gains tax (investment income tax) and 5.5 % solidarity surcharge on the capital gains tax and, if applicable, church tax on the capital gains tax. The dividend was paid to shareholders by their custodian banks via Clearstream Banking AG beginning May 11, 2022.