The Management Board and the Supervisory Board will propose to the Annual General Meeting on May 7, 2020, to distribute a dividend of € 0.50 per share for the financial year 2019 from PUMA SE’s net profit. This corresponds to an overall increase in the dividend or dividend payout of 42.8% in 2019 compared to the previous year. The payout ratio for financial year 2019 is 28.5% of consolidated net earnings. This is in accordance with PUMA SE’s dividend policy, which foresees a payout ratio of 25% to 35% of consolidated net earnings. The payment of the dividend is to take place in the days after the Annual General Meeting that decides on the distribution. A dividend of € 0.35 per share was distributed for the previous year, taking into account the 1:10 stock split.
* Earnings per share and the number of outstanding shares for the prior periods were adjusted retroactively to the 1:10 stock split carried out in the second quarter of 2019
** one/time special dividend