Dividends
Preferred shares convey a preferential right to a profit distribution of 0.02 Euro compared to common shares.
In accordance with the Articles of Incorporation of ProSiebenSat.1 Media AG, our preferred shareholders are entitled to a EUR 0.02 higher share of the yearly underlying net income than common shareholders; regardless of the underlying net income, however, preferred shareholders are entitled to a dividend of at least EUR 0.02 per share.
The effective dividend date is the date of the Annual General Meeting. Thus, all preference shareholders who own ProSiebenSat.1 shares on the date of the Annual General Meeting are entitled to a dividend. The dividend payment starts one working day after the Annual General Meeting.
Dividend payout for financial year
2010
The shareholders present and represented at the Annual
General Meeting of ProSiebenSat.1 Media AG on July 1, 2011 resolved
to pay a dividend of EUR 1.14 per bearer preference share
entitled to dividend and EUR 1.12 per registered common share
entitled to dividend for the financial year 2010. Thus, the
dividend payout was approximately EUR 241.2 million.
5 year overview
In EUR | 2010 | 2009 | 2008 | 2007 | 2006 |
IFRS | IFRS | IFRS | IFRS | IFRS | |
Number of stocks in million (ord. & pref.) | 218.8 | 218.8 | 218.8 | 218.8 | 218.8 |
EPS (common stock) | 1.46 | 0.66 | -0.60 | 0.40 | 1.09 |
EPS (preferred stock) | 1.48 | 0.68 | -0.58 | 0.42 | 1.11 |
Dividend per common stock | 1.12 | -/- | -/- | 1.23 | 0.87 |
Dividend per preferred stock | 1.14 | 0.02 | 0.02 | 1.25 | 0.89 |
Payout in million | 241.2* | 2.07** | 2.08*** | 269.9**** | 192.5 |
Payout Ratio¹ | 67.5% | 1.1% | 1.2% | 98.9% | 80.0% |
Ex-dividend date | 07/04/2011 | 06/30/2010 | 06/05/2009 | 06/11/2008 | 07/18/2007 |
¹Based on the underlying net income for the year.
*ProSiebenSat.1 Media AG held at the time of the Annual General Meeting on July 1, 2011 in total 5,328,000 preference shares as treasury stock. Shares directly or indirectly owned by the company are in accordance to § 71b AktG not entitled to receive a dividend.
** ProSiebenSat.1 Media AG held at the time of the Annual General Meeting on June 29, 2010 in total 6,027,500 preference shares as treasury stock. Shares directly or indirectly owned by the company are in accordance to § 71b AktG not entitled to receive a dividend.
*** ProSiebenSat.1 Media AG held at the time of the Annual General Meeting on June 4, 2009 in total 5,637,500 preference shares as treasury stock. Shares directly or indirectly owned by the company are in accordance to § 71b AktG not entitled to receive a dividend.
**** ProSiebenSat.1 Media AG held at the time of the Annual General Meeting on June 10, 2008 in total 1,127,500 preference shares as treasury stock. Shares directly or indirectly owned by the company are in accordance to § 71b AktG not entitled to receive a dividend.
