Dividend proposal makes no change to dividend per share
HUGO BOSS pursues a profit-based distribution policy that allows the shareholders to participate appropriately in the Group’s earnings development. Between 60% and 80% of consolidated net income is to be distributed to shareholders on a regular basis. The Managing Board and the Supervisory Board intend to propose to the Annual Shareholders’ Meeting on May 19, 2016 an unchanged dividend of EUR 3.62 per share for fiscal year 2015 (2014: EUR 3.62). The proposal corresponds to a payout ratio of 78% of net income attributable to the equity holders of the parent company in 2015 (2014: 75%). This reflects the strength of the Company’s balance sheet and its positive growth prospects for the coming years. Assuming that the shareholders approve the proposal, the dividend will be paid out on May 20, 2016, the day after the Annual Shareholders’ Meeting. On the basis of the number of shares outstanding at year-end, the amount distributed will come to EUR 250 million (2014: EUR 250 million).
Dividend per share (in EUR)
1 2015: Dividend proposal.