Dividend €4.50
© Continental AG

Dividend

The dividend for the previous fiscal year is paid once a year after the approval of the Annual Shareholders' Meeting. The dividend for fiscal 2017 will be paid out three business days after the day of the ASM (April 27, 2018) on May 3, 20181.

  • Continental has increased its dividend by more than 250% since 2011.
  • The payout ratio has been constantly raised since 2012.
  • The payout ratio corridor has ranged between 15% and 30% in the past.​​

1In accordance with Section 58, Paragraph 4, Sentence 2 of the German Stock Corporation Act (AktG), the entitlement to the dividend is due on the third business day following the resolution of the Annual Stockholders’ Meeting. 

Dividend for fiscal 2017 - timetable

March 8, 2018Dividend proposal
April 27, 2018Dividend resolution by Annual Shareholders' Meeting
April 30, 2018Announcement of dividend payout
April 30, 2018Ex-dividend day
May 2, 2018Record day for dividend
May 3, 2018Payment for dividend for the fiscal year 2017

Dividend announcement

Annual Shareholders' Meeting 2018

The Annual Shareholders' Meeting of April 27, 2018 resolved to pay a dividend of €4.50 per no-par-value share for the fiscal year 2017.

On May 3, 2018, the dividend will be paid after deduction of 25 % withholding tax plus 5.5 % solidarity surcharge on the withholding tax (totalling 26.375 %) and, if applicable, church tax on the withholding tax.

In the case of domestic shareholders, the dividend will be paid without deducting withholding tax and solidarity surcharge if they have submitted to their depository bank a "Non-assessment note" issued by the responsible tax authority. The same applies in whole or in part to shareholders who have provided their depositary bank with an “exemption order”, provided the amount of the exemption stated in this order has not already been used up by other income from capital investments.

In the case of foreign shareholders, the withholding tax including solidarity surcharge withheld may be reduced under double taxation treaty existing between the Federal Republic of Germany and the respective country. Applications for the reimbursement of the reduction amount must be addressed in time to the Federal Tax Agency (Bundeszentralamt für Steuern, D-53221 Bonn, Germany).

The following bank and its branches serve as appointed paying agent:

in Germany: 

UniCredit Bank AG

80311 München


Hannover, April 27, 2018

Continental AG

Executive Board


Dividend history

Dividend pay out during the last years.

© Continental AG


YearDividendAnnual Shareholders' MeetingDividend Payment
2017 €4.50April 27, 2018May 3, 20181
2016 €4.25April 28, 2017May 4, 20171
2015 €3.75 April 29, 2016 May 2, 2016
2014 €3.25April 30, 2015May 4, 2015
2013 €2.50April 25, 2014April 26, 2014 
2012 €2.25May 15, 2013May 16, 2013

1In accordance with Section 58, Paragraph 4, Sentence 2 of the German Stock Corporation Act (AktG), the entitlement to the dividend is due on the third business day following the resolution of the Annual Stockholders’ Meeting.