Attractive dividend policy
Following the takeover of LOTTO24 AG and the resulting Business Model Change, we have adapted our dividend policy to the new circumstances: 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. Instead, we announced a dividend policy in line with the Company’s development, based on continuity and sustainable earnings development, and paid a dividend of €17.9 million (€0.80 per share) in 2020 for the 2019 fiscal year.
Due to the positive liquidity situation of the ZEAL Group and the expected further increase in profitability, we will propose a total pay-out of €20.2 million (2019: €17.9 million) to the Annual General Meeting on 1 June 2021. This corresponds to a dividend of €0.90 per share for the fiscal year 2020 (2019: €0.80). Depending on the economic development of the ZEAL Group, we have set ourselves the target of proposing a dividend of €1.00 per share to the shareholders at the Annual General Meeting in 2022, in line with the published dividend policy.
Expected dividend timetable for the dividend 2021
|Ex-dividend date of the registered shares||02/06/2021|