Dividend and dividend policy
The Management Board and the Supervisory Board will propose a dividend of €0.70 per ordinary share to the Annual General Meeting on 15 February 2019. This proposed dividend corresponds to 74% of the earnings per share of €0.95 and thus exceeds the distribution quota of 45% to 55% provided for in METRO’s dividend policy. The intention of the Management Board is to demonstrate the importance of dividend continuity and its confidence in the future of METRO despite the adjusted forecast. The dividend yield on the basis of the closing price on 30 September 2018 is 5.2% for the METRO ordinary share and 5.6% for the preference share.