The Lufthansa Group’s dividend policy provides for a dividend ratio of between 10 and 25 per cent of EBIT, as long as a dividend payment is covered by the net profit for the year as shown in the individual financial statements for Deutsche Lufthansa AG drawn up according to the commercial law provisions, and if there are no other opposing considerations.
In addition to the regular dividend payment, the dividend policy also allows for shareholders to participate in a particularly positive performance by the Company by means of a special dividend or share buy-back.
A net profit for the year of EUR 2,455m was reported for 2017. Following the transfer of EUR 1,228m to retained earnings, distributable profit comes to EUR 1,227m.
The ordinary Annual General Meeting held on 8 May 2018 has approved the distribution of a dividend of EUR 0.80 per share to shareholders for the financial year 2017. This represents a total dividend payout of EUR 377m or 11.4 per cent of EBIT for 2017. The remaining amount of EUR 850m is to be transferred to retained earnings.