Dividend and dividend policy

METRO GROUP aims to pay an attractive dividend. Given METRO GROUP’s improved fundamental economic situation, the group had changed its dividend policy in the previous year by increasing the distribution range from 40 to 50 per cent to about 45 to 55 per cent of earnings per share before special items.

The Management and Supervisory Boards of METRO AG will therefore propose to the Annual General Meeting of METRO AG on 6 February 2017 a dividend of €1.00 per ordinary share and €1.06 per preference share. The payout ratio totals 51.0 per cent based on earnings per share before special items of €1.96 per ordinary share.

On the basis of the closing prices on 30 September 2016, the dividend yields are as follows: 3.8 per cent for ordinary shares and 4.2 per cent for preference shares.