Dividend
Dividend Policy of the Salzgitter AG
The developments in the various areas of business in which Salzgitter AG is engaged are subject to the cyclical, economically induced fluctuations typical of the sectors concerned. This is reflected both in Group results and in the share price.
Against this background, Salzgitter AG pursues a policy of continuous dividend payments in implementation of the following criteria. Under the premise of realizing profits, our intention is to disburse continuously attractive dividends which are not entirely dictated by the cyclical nature of the development in results. It is further our objective to allow the Shareholders of Salzgitter AG to profit from an above-average dividend yield. This is calculated on the basis of the year-end share price and is measured against the average dividend yields in the DAX, MDAX, SDAX and TecDAX stock market segments.
Dividend 2020
Salzgitter AG reported no unappropriated retained earnings in the financial year 2020, which makes a resolution by the Annual General Meeting of Shareholders on unappropriated retained earnings, and thus a proposal on the appropriation of the same, unnecessary.
Annual Report 2020 (PDF, 1.7 MB)
Historical Dividends
| Financial year | Basic dividend, net | Bonus dividend | Total dividend | Pre-tax profit, € m |
| 1997/1998 | 0.64 | – | 0.64 € | 147 |
| 1998/1999 | 0.38 | – | 0.38 € | 31 |
| 1999/2000 | 0.40 | – | 0.40 € | 97 |
| SFY 2000 | 0.15 | – | 0.15 € | 34 |
| 2001 | 0.42 | – | 0.42 € | 160 |
| 2002 | 0.32 | – | 0.32 € | 72 |
| 2003 | 0.25 | – | 0.25 € | 42 |
| 2004 | 0.40 | – | 0.40 € | 323 |
| 2005 | 0.50 | 0.50 | 1.00 € | 941 |
| 2006 | 1.00 | 1.00 | 2.00 € | 948 |
| 2007 | 2.00 | 1.00 | 3.00 € | 1,314 |
| 2008 | 1.40 | – | 1.40 € | 1,003 |
| 2009 | 0.25 | – | 0.25 € | -496 |
| 2010 | 0.32 | – | 0.32 € | 49 |
| 2011 | 0.45 | – | 0.45 € | 202 |
| 2012 | 0.25 | – | 0.25 € | -29 |
| 2013 | 0.20 | – | 0.20 € | -483 |
| 2014 | 0.20 | – | 0.20 € | -15 |
| 2015 | 0.25 | – | 0.25 € | 4 |
| 2016 | 0.30 | – | 0.30 € | 53 |
| 2017 | 0.45 | – | 0.45 € | 238 |
| 2018 | 0.55 | – | 0.55 € | 347 |
| 2019 | 0.00 | – | 0.00 € | -253 |
| 2020 | 0.00 | – | 0.00 € | -196 |
