A dividend of EUR 0.50 per share will be paid to the company’s shareholders subject to approval by the Annual General Meeting of voestalpine AG, which will take place on July 7, 2021. This represents an increase of 150% over the previous year’s dividend of EUR 0.20 per share. Notwithstanding the adverse market conditions arising from the COVID-19 pandemic early on, the company thus succeeded in substantially raising the dividend for the business year 2020/21. Relative to the earnings per share of EUR 0.24 reported in accordance with IFRS (previous business year: EUR –1.24), the current proposal equates to a distribution ratio of 208.3%. Relative to voestalpine’s average share price of EUR 24.51 in the business year ended, the dividend yield is 2.0%.
IFRS (International Financial Reporting Standards)
Accounting regulations developed to guarantee comparable accounting and disclosure.