Dividend and dividend policy

The Management Board and Supervisory Board of METRO AG will propose a dividend of €0.70 per share to the Annual General Meeting on 14 February 2020. This dividend proposal corresponds to 49% of earnings per share of €1.44 for continuing operations including METRO China (outlook view) and is thus within the payout ratio of 45% to 55% as envisaged by METRO’s dividend policy. The dividend yield on the basis of the closing price on 30 September 2019 is 4.8% for the METRO ordinary share and 5.4% for the preference share.