We have a strong financial foundation and involve our shareholders adequately in the Company's success. At the same time, we will adhere to the targeted leverage factor of 1.5 to 2.5.
Dividend proposal for the financial year 2014
The Supervisory Board of ProSiebenSat.1 Media AG accepted the proposal of the Board of Management to recommend to the Annual General Meeting on May 21, 2015 that a dividend of EUR 1.60 per registered common share should be paid for the financial year 2014. In total, the company would distribute EUR 342m (as of February 2015, calculated on the basis of 213.6m shares entitled to a dividend; 5.2m treasury shares are not entitled to a dividend). The final decision will be taken by the shareholders at the Annual General Meeting which will be held on May 21, 2015.
The effective dividend date is the date of the Annual General Meeting and, therefore, May 21, 2015. Thus, all common shareholders who own ProSiebenSat.1 shares on this date are entitled to a dividend. The dividend payment starts one working day after the Annual General Meeting.
5 year overview
Number of shares in million1
Underlying earnings per share2
Dividend per dividend entitled common share
Dividend per dividend-entitled preference share
Payout in million3
1One single share class as of August 16, 2013 (conversion of the non-voting bearer preference shares into voting registered common shares).
2For the financial years 2009 to 2012, the basic earnings per bearer preference share
are shown. After the merger of the share classes in August 2013, the basic earnings
per registered common share are shown. The calculation is based on underlying net
3ProSiebenSat.1 Media AG held at the time of the Annual General Meeting 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.
4Based on the underlying net income after minorities from continuing operations for