The overriding objective of the Group is to generate an attractive total shareholder return for its shareholders. Against this backdrop, ProSiebenSat.1 is adjusting its dividend pay-out policy. The Group targets a maximization of total shareholder return along various components, which particularly includes an increase in earnings growth next to an attractive dividend yield.
The Group thus intends to pay out 50% of adjusted net income as a dividend (previously 80% to 90%) for the first time in the financial year 2018 (to be paid in 2019). ProSiebenSat.1 will use the funds thus released primarily for earnings-increasing investments in organic and inorganic
growth.
2018 |
2017 | 2016 | 2015 | 2014 | ||
|---|---|---|---|---|---|---|
|
Share capital1 |
EUR |
233,000,000 |
233,000,000 |
233,000,000 |
218,797,200 |
218,797,200 |
|
Number shares2 at reporting date |
Units |
233,000,000 |
233,000,000 |
233,000,000 |
218,797,200 |
218,797,200 |
|
Market capitalization at year’s end (according to Deutsche Börse) |
EUR m |
3,734 |
6,502 |
8,149 |
10,214 |
7,271 |
|
Close at end of financial year (Xetra) |
EUR |
15.55 |
28.71 |
36.61 |
46.77 |
34.82 |
|
High (XETRA) |
EUR |
32.78 |
41.51 |
48.66 |
50.70 |
35.55 |
|
Low (XETRA) |
EUR |
15.16 |
24.28 |
31.80 |
33.31 |
28.35 |
|
Dividend per entitled share |
EUR |
1.19 |
1.93 |
1.90 |
1.80 |
1.60 |
|
Total dividend |
EUR m |
269 |
442 |
435 |
386 |
342 |
|
Dividend yield on basis of closing price |
Percent |
7.7 |
6.7 |
5.2 |
3.8 |
4.6 |
|
Total XETRA trading volume |
Million shares |
357.4 |
348.0 |
231.2 |
158.9 |
179.9 |
1 The share capital of ProSiebenSat.1 Media SE amounts to EUR 233,000,000.00. As a result of a capital increase, it rose from EUR 218,797,200.00 to a nominal amount of EUR 233,000,000.00 with effect from November 7, 2016. In this capital increase, ProSiebenSat.1 made partial use of the company’s authorized capital and issued 14,202,800 new, registered shares. On August 16, 2013, the 109,398,600 bearer preference shares that existed at that time had already been converted into registered common shares, with the effect that the share capital then totaling EUR 218,797,200.00 consisted of 218,797,200 registered common shares with a nominal share in the share capital of EUR 1.00 each. Today, all (233,000,000) of the company’s registered common shares are now tradable, i.e. both the formerly unlisted registered common shares and the registered common shares resulting from the conversion of the bearer preference shares. Until August 16, 2013, only the bearer preference shares of the company were publicly traded.
2 Incl. treasury shares
- Change-2.20 %
- Volume (shares)1,096,866
