Dividend per share
* As proposed to the Annual General Meeting.
Subject to the approval of the Annual General Meeting of voestalpine AG on July 3, 2019, a dividend of EUR 1.10 per share will be paid to the shareholders, which represents a decrease of 21.4% compared with the previous year’s dividend of EUR 1.40 per share. Note, however, that the business year 2017/18 was the Group’s most successful in its history. The current dividend proposal corresponds exactly to the dividend proposed for the business year 2016/17 and thus is in line with the level during normal business years, economically speaking. Based on the earnings per share (EPS) of EUR 2.31 (previous year: EUR 4.40) that are reported in accordance with IFRS, the resulting distribution ratio is 48.1% (previous year: 31.8%). Relative to the average price of the voestalpine share of EUR 35.59 in the business year 2018/19, the dividend yield is 3.1%.