Stuttgart, March 9, 2018. The executive board and supervisory board of Porsche Automobil Holding SE (Porsche SE), Stuttgart, propose to the annual general meeting taking place on 15 May 2018 in Stuttgart a dividend of 1.76 (previous year: 1.01) euro per preference share and 1.754 (previous year: 1.004) euro per ordinary share for the fiscal year 2017. The amount of distribution to Porsche SE’s ordinary as well as preference shareholders will be around 538 million euro, compared to 308 million euro in the previous year.
Porsche SE will receive around 601 million euro from Volkswagen AG, under the condition of the approval of the corresponding dividend proposal by its annual general meeting in May 2018. Compared to the previous year, the increase of the dividend underscores the sustainable dividend policy pursued by Porsche SE.
Porsche SE will announce its figures for the fiscal year 2017 on Tuesday, 20 March 2018.