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 2019
On May 28, 2020 the General Meeting of Shareholders decided a dividend payment of € 0.20 per share for the financial year 2019. Based on a nominal share capital of € 161.6 million, the dividend distribution proposed totals € 12.1 million.
Annual Report 2019 (PDF, 1.9 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 |
