Dividend Policy
United Internet’s dividend policy aims to pay a dividend to shareholders of approx. 20-40% of adjusted consolidated net income after minority interests (adjusted consolidated net income attributable to the “shareholders of United Internet AG” – according to the consolidated statement of comprehensive income), provided that funds are not needed for further Company development.
| DIVIDEND DEVELOPMENT ⁽¹⁾ | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Dividend per share (in €) | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 |
| Dividend payment (in € million) | 93.9 | 93.6 | 93.4 | 86.4 | 86.4 |
| Payout ratio | 22.2% | 32.3% | 22.4% | 23.5% | 37.1% |
| Adjusted payout ratio ⁽²⁾ | 23.6% | 26.7% | 23.7% | 23.1% | 35.6% |
| Dividend yield ⁽³⁾ | 1.7% | 1.5% | 1.4% | 2.6% | 2.2% |
- The representation does not claim to be complete.
- Without special items (see publication of the 2023 Annual Report)
- As of: December 31
Dividend 2024
The Annual Shareholders' Meeting on May 17, 2024 resolved to appropriate the retained earnings of United Internet AG reported for fiscal year 2023 in the amount of EUR 2,148,718,568.53 reported for fiscal year 2023 as follows: A partial amount of EUR 86,408,147.50 will be distributed to shareholders as a dividend. At the date of the Annual General Meeting, 172,816,295 shares are entitled to dividends for the entitled to dividends for the 2023 financial year, taking into account 19,183,705 treasury shares held by the company, which are not entitled to dividends in accordance with Section 71b AktG. This results in a dividend of EUR 0.50 per share. The remaining amount of EUR 2,062,310,421.03 will be carried forward to new account.
The payment to the shareholders is made by the custodian banks on the third business day following the the third business day following the resolution of the Annual General Meeting, subject to deduction of 25 % capital gains tax and the solidarity surcharge of 5.5 % to be levied on the capital gains tax (26.375% in total) and, if applicable, church tax on the capital gains tax. The paying agent in the Federal Republic of Germany is Commerzbank AG, Frankfurt am Main. The withheld capital gains tax can be credited against the tax assessed as part of the income or corporation tax assessment. assessed as part of the income or corporation tax assessment. The solidarity surcharge withheld is to be offset against the solidarity surcharge assessed.
In the case of foreign shareholders, the withheld withheld capital gains tax, including the solidarity surcharge, may be reduced in accordance with existing double taxation agreements between the Federal Republic of Germany and the country concerned. the country concerned. The applications for reimbursement of the reduction amount and the tax the tax certificates issued by the custodian banks must be submitted by no later than December 31, 2028 at the latest in the form prescribed by law at the Federal Central Tax Office. in the form prescribed by law.
