The fundamental objective of the company's dividend policy is to offer shareholders an appropriate and sustainable return on their investment that reflects the company's success by distributing between 40 and 60% of ElringKlinger AG's annual net income.
The Annual General Meeting 2016 approved the proposal put forward by the Management Board and Supervisory Board for a dividend payment of EUR 0.55 (previous year: 0.55) per share for fiscal 2015, unchanged on the previous finanical year.
1 Regular dividend
The total dividend payout remains stable year on year at EUR 34.8 (previous year: 34.8) million. Calculated on the basis of earnings attributable to the shareholders of ElringKlinger AG, the dividend ratio has increased from 32.9% a year ago to 38.0%.
1 Including one-time bonus of EUR 0.18 per share from the proceeds of the sale of the Ludwigsburg industrial park