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.