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 earnings per share 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.