Dividend and dividend policy

The Management Board and the Supervisory Board of METRO AG will propose a dividend of €0.70 per share to the Annual General Meeting on 19 February 2021. This dividend proposal corresponds to 55% of the reported of €1.27 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 2020 is 8.2% for the METRO ordinary share and 7.8% for the preference share.

Earnings per share (basic/diluted)
The earnings per share (basic) are calculated by dividing the profit or loss attributable to the shareholders of METRO AG by the weighted average of shares in circulation. The earnings per share (diluted) give additional consideration to the effect of so-called potential shares, such as those issued in the context of stock options.