SAP Supervisory Board Proposes Increased Dividend of EUR1.58 per Share; Enhanced Capital Return of EUR1.5 Billion To Be Used for Share Repurchase Program
(WorldNews Germany)

WALLDORF - The Supervisory Board of SAP SE, in alignment with the Executive Board, has decided to recommend that shareholders approve a dividend of EUR1.58 per share for the fiscal year 2019. This represents a year-over-year increase of EUR0.08, or 5.3% compared to last year`s dividend of EUR1.50. If the shareholders approve this recommendation at the Annual General Meeting of Shareholders on May 20, 2020 and based on the current number of shares carrying dividend rights, the total amount of dividends to be distributed will be approximately EUR1.89 billion (2018: EUR1.79 billion), representing a pay-out ratio of 56% (2018: 44%). The 2019 fiscal year dividend will be due for payment on May 26, 2020. On...