Dividend
The dividend for the previous fiscal year is paid once a year after the approval of the Annual Shareholders' Meeting.
Dividend Policy
As announced at the Capital Market Day in December 2023, the corridor for dividend distributions has been increased to around 20 to 40 percent of net income (previously: around 15 to 30 percent).
Dividend of €2.20 per share for fiscal year 2023
Based on the updated distribution strategy of 20 to 40 percent of net income, the Continental Executive Board proposed a €0.70 increase in the dividend to €2.20 per share for the past fiscal year. This proposal was approved by the Annual Shareholders' Meeting on April 26, 2024. At around 38 percent, the distribution to shareholders is at the upper end of the defined range and amounts to around €440 million in total.
Year | Dividend | Annual Shareholders' Meeting | Dividend Payment1 |
2023 | € 2.20 | 26. April 2024 | May 2, 2024 |
2022 | €1.50 | 27. April 2023 | May 3, 2023 |
2021 | €2.20 | 29. April 2022 | May 4, 2022 |
2020 | € 0.00 | April 29, 2021 | n.a. |
2019 | €3.00 | July 14, 2020 | July 17, 2020 |
2018 | €4.75 | April 26, 2019 | May 2, 2019 |
2017 | €4.50 | April 27, 2018 | May 3, 2018 |
2016 | €4.25 | April 28, 2017 | May 4, 2017 |
2015 | €3.75 | April 29, 2016 | May 2, 2016 |
2014 | €3.25 | April 30, 2015 | May 4, 2015 |
2013 | €2.50 | April 25, 2014 | April 26, 2014 |
1Since 2017, in accordance with Section 58, Paragraph 4, Sentence 2 of the German Stock Corporation Act (AktG), the entitlement to the dividend is due on the third business day following the resolution of the Annual Stockholders’ Meeting.
March 7, 2024 | Dividend proposal by Executive and Supervisory Board |
April 26, 2024 | Dividend resolution by Annual Shareholders' Meeting |
April 29, 2024 | Announcement of dividend payout (Federal Gazette (Bundesanzeiger)) |
April 29, 2024 | Ex-dividend day |
April 30, 2024 | Record day for dividend payment |
May 2, 2024 | Payment for dividend for the fiscal 2023 |