Dividends

Covestro intends its shareholders to participate appropriately in the company's success. To this end, the company has formulated a new dividend policy, valid since the financial year 2020: Between 35% and 55% of the net income is to be distributed as a dividend.

The dividend available for distribution is based on the distributable profit reported in the annual financial statements of Covestro AG, which were prepared according to the provisions of the German Commercial Code (HGB). Since the 2020 annual financial statements, Covestro AG’s dividend policy has been more closely linked to the Group’s overall business situation and specifies that Covestro AG will distribute a portion of the Group’s net income to shareholders of Covestro AG. Since the Group again generated negative net income, no dividend will be paid to Covestro AG shareholders for fiscal 2023, as for fiscal 2022, in accordance with the current dividend policy. As a result, in the year 2023, no dividend was paid for fiscal 2022 per share carrying dividend rights.

The dividend calendar shows all important dates in connection with the Annual General Meeting (AGM). These include the dividend for Covestro share, the date of the AGM, the ex-dividend date and the payment date.

All important documents relating to the Covestro Annual General Meeting can be found here.

On the first business day after the Annual General Meeting, Covestro share is quoted "ex-dividend." On this ex-dividend day, the share price is reduced by the amount of the dividend paid out.

The Covestro share is evaluated by financial analysts in studies with forecasts and investment recommendations on the company. You can calculate the profitability of your Covestro shares with the interactive calculating tool. All important dates and events for investors can be found in the Covestro financial calendar.