Dividend and dividend policy

METRO GROUP aims to pay an attractive dividend and has adjusted its dividend policy to reflect METRO GROUP’s improved economic situation. The target range for the payout rate has been lifted to about 45 to 55 per cent of earnings per share before special items from about 40 to 50 per cent.

The Management and Supervisory Boards of METRO AG will therefore propose to the Annual General Meeting of METRO AG on 19 February 2016 a dividend of €1.00 per ordinary share and €1.06 per preference share. The payout totals 52.4 per cent based on earnings per share before special items of €1.91 per ordinary share.

On the basis of the closing prices on 30 September 2015, the dividend yields are as follows: 4.1 per cent for ordinary shares and 5.2 per cent for preference shares.