Dividends

Dividend policy

Targeted dividend payout ratio averages 40%–50% of the earnings per share, taking into consideration the company's investment and development needs.

Dividend history

  2016*** 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Dividend per share, EUR 0.73 0.66 0.60 0.57 0.56 0.46 0.44 0.38 0.34 0.42 0.42
Earnings per share*, EUR 1.83 1.65 1.28 1.21 1.19 0.87 0.92 0.74 0.35 0.74 1.05
Payout ratio   40% 47% 47% 47% 53% 42% 51% 97% 57% 40%
Number of shares outstanding**, million 103.8 103.6 103.5 103.4 102.6 101.5 101.2 101.0 100.4 100.4 100.4
Total amount paid, MEUR   68.4 62.1 58.9 57.7 46.7 44.5 38.4 34.1 42.2 42.2

* Excluding IAC
** Excluding own shares
*** Board proposal