Dividend

Dividend Policy of ZEAL Network SE

Following the takeover of Lotto24 AG and the resulting change in business model, we adapted our dividend policy to the new circumstances and, in view of the Company’s relocation back to Germany in October 2019, we did not pay an interim dividend in December 2019 in accordance with German practice.

However, our dividend policy is based on continuity and sustainable earnings development. Due to the positive liquidity situation of the ZEAL Group in 2019 and the expected increasing profitability, we will propose a total amount of pay-out of €17.6 million (2018: €8.4 million) to the Annual General Meeting on 17 June 2020. This corresponds to a dividend of €0.80 per share for the fiscal year 2019 (2018: € 1.00). Depending on the economic development of the ZEAL Group, we also intend to propose an annually increasing dividend to shareholders in the following years – with the aim of reaching €1.00 per share in 2022.

 

Preliminary dividend timetable for the dividend 2019:

Record date 16/06/2020
Ex-dividend date of the registered shares 19/06/2020
Payment date 19/06/2020

Dividend History