Subject to the approval of the Annual General Meeting of voestalpine AG, which will take place on July 6, 2022, a dividend of EUR 1.20 per share will be paid to the company’s shareholders. Thanks to the Group’s excellent earnings performance, this constitutes an increase of 140% compared with the previous business year’s dividend of EUR 0.50 per share. Relative to the 2021/22 earnings per share of EUR 7.28 reported in accordance with IFRS (2020/21: EUR 0.24), the current proposal equates to a distribution ratio of 16.5%. This ratio is lower than the long-established average simply because, in the previous reporting period, the dividend exceeded earnings per share. Relative to the voestalpine share’s average price of EUR 33.63 in the business year 2021/22, the dividend yield is 3.6%, a substantial increase over the previous business year’s 2.0%.
IFRS (International Financial Reporting Standards)
Accounting regulations developed to guarantee comparable accounting and disclosure.