SAP SE (SAP) to Increase Dividend to €2.45/sh
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SAP Proposes Increased Dividend of €2.45 per Share
February 24, 2022 1:30 AM ESTWALLDORF, Germany, Feb. 24, 2022 /PRNewswire/ -- The Supervisory Board and Executive Board of SAP SE (NYSE: SAP) have decided to recommend that shareholders approve a dividend of 2.45 per share for fiscal year 2021. This represents a year-over-year increase of approximately 32%. This payment includes a special dividend of 0.50 to celebrate SAP's 50th anniversary. If the shareholders approve this recommendation, based on the number of treasury shares as of December 31, 2021, the total amount of dividends to be distributed would be approximately 2.89 billion (2020: 2.18 billion), representing a pay-out ratio of 54% (2020: 41%). Excluding the special dividend, the ratio would be... More
