WALLDORF — The Supervisory Board and Executive Board of SAP SE have decided to propose to shareholders a dividend of €2.35 per share for the 2024 financial year. The proposed dividend represents an increase of €0.15 or 6.8% compared to the dividend for the 2023 financial year (€2.20).
Subject to shareholder approval and assuming the same number of treasury shares at the time of the Annual General Meeting of SAP SE on May 13, 2025 as on December 31, 2024, the total distribution to shareholders would be approximately €2.741 billion (2023: €2.565 billion). This corresponds to a payout ratio of 51.9% (2023: 43.0%).
SAP believes that its shareholders should receive an appropriate share in the results of the 2024 fiscal year. SAP's dividend policy is to distribute at least 40% of non-IFRS consolidated earnings after taxes from continuing operations.
The following dates are relevant for the distribution of the dividend:
Record date for dividend payment: May 13, 2025
Ex-dividend date: May 14, 2025
Dividend payment: May 16, 2025
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