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 proposal for financial year 2012
Subject to the successful consummation of the sale of the
Northern European TV and radio activities, the ProSiebenSat.1 Media
AG Executive Board intends to propose to the Annual General Meeting
the payment of a dividend of EUR 5.65 per no-par preference share
for the 2012 financial year (previous year: EUR 1.17). Under the
proposal for the allocation of profits, a dividend of EUR 5.63 is
allotted per common share (previous year: EUR 1.15). This
represents a total payout of around EUR 1.2 billion (previous year:
EUR 245.7 million).
5 year overview
In EUR | 20123) | 2011 |
2010 | 2009 | 2008 |
IFRS | IFRS | IFRS | IFRS | IFRS | |
Number of shares in million (ord. & pref.) | 218.8 | 218.8 | 218.8 | 218.8 | 218.8 |
Underlying EPS (common stock) | 1.671 | 1.45¹ | 1.67¹ | 0.86 | 0.77 |
Underlying EPS (preferred stock) | 1.691 | 1.46¹ | 1.69¹ | 0.88 | 0.79 |
Dividend per common stock | 5.63 | 1.15 | 1.12 | -/- | -/- |
Dividend per preferred stock | 5.65 | 1.17 | 1.14 | 0.02 | 0.02 |
Payout in million2 | 1,201 | 245.7 | 241.2 | 2.07 | 2.08 |
Payout ratio | 289.0% | 79.41% | 67.5% | 1.1% | 1.2% |
Ex-dividend date | 24/07/2013 | 16/05/2012 | 07/04/2011 | 06/30/2010 | 06/05/2009 |
¹Based on the underlying net income after minorities from continuing operations for the year.
2ProSiebenSat.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.
3Proposed allocation of profits by the Excecutive Board of ProSiebenSat.1 Media AG subject to the successful consummation of the sale of the Northern European
TV and radio activities.
