At the Annual Meeting, the Board of Executive Directors and the Supervisory Board will propose to distribute a dividend of €1.95 per share as in the previous year. This means that, even in difficult economic times, we stand by our ambitious dividend policy and will pay out €1.8 billion to our shareholders (based on the number of qualifying shares on December 31, 2008). Based on the year-end share price for 2008, BASF shares offer a high dividend yield of 7%. BASF belongs to the DivDAX share index, which contains the 15 companies with the highest dividend yield in the DAX 30. We aim to increase our dividend each year, or at least maintain it at the previous year’s level.
Dividend per share1 (€ per share)
1 Adjusted for two-for-one stock split, conducted in the second quarter of 2008.
- Proposed dividend of €1.95 per share matches last year
- Aim to continuously increase the annual dividend, or at least maintain it at the level of the previous year