SAP Annual General Meeting of Shareholders approves dividend of €0.85 per share

(PresseBox) ( Walldorf, Germany, )
The vast majority of the Annual General Meeting of Shareholders of SAP AG (NYSE: SAP) today has agreed to all resolution items of the meeting's agenda.

Shareholders will receive a dividend of €0.85 per share for fiscal year 2012. The total amount distributed in dividends is around €1.01 billion. This corresponds to a dividend payout ratio of 36%. Payout will take place from June 5, 2013 onward.

In addition to the regular dividend of €0.75 per share, SAP had in 2012 paid a special dividend of €0.35 per share to celebrate SAP's 40th anniversary. (The total amount distributed in dividends for 2011 was around €1.3 billion, which corresponds to a dividend payout ratio of 26% excluding the special dividend and 38% including the special dividend). For 2012, the dividend payout of €0.85 per share represents an increase of €0.10 or 13% compared to last year's regular dividend of €0.75.

The shareholders have formally approved the acts of the Executive Board and the Supervisory Board in fiscal year 2012, and have authorized the Executive Board to buy back shares as in the past. Thus, SAP can buy back up to 120 million shares until 2018.
The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material.
The use of information published here for personal information and editorial processing is generally free of charge. Please clarify any copyright issues with the stated publisher before further use. In the event of publication, please send a specimen copy to