Dividends
Here you find important information about our dividend.
Covestro intends its shareholders to participate appropriately in the company's success. To this end, the company has formulated a new dividend policy, valid since the financial year 2020: Between 35% and 55% of the net income is to be distributed as a dividend.
Based on this dividend policy, the Covestro Board of Management had proposed to the Annual General Meeting a dividend of €1.30 per share for the financial year 2020. This proposal was adopted and resolved by the Annual General Meeting, which was held as a virtual meeting on April 16, 2021.
Paying agent pursuant section 48 ((1 nr. 4 German Security Trading Act (WpHG) is Deutsche Bank AG, Frankfurt am Main.
Historical dividend development
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|
| Dividend for fiscal year (EUR) | 0.70 | 1.35 | 2.20 | 2.40 | 1.20 | 1.30 |
| AGM resolution | May 3, 2016 | May 3, 2017 | April 13, 2018 | April 12, 2019 | July 30, 2020 | April 16, 2021 |
| Ex-dividend day | May 4, 2016 | May 4, 2017 | April 16, 2018 | April 15, 2019 | July 31, 2020 | April 19, 2021 |
| Payout starting | May 4, 2016 | May 8, 2017 | April 18, 2018 | April 17, 2019 | August 4, 2020 | April 21, 2021 |