MANNHEIM, Germany — The Annual General Meeting of Shareholders of SAP SE (NYSE: SAP) has approved the management’s proposed dividend.
Under this proposal, SAP shareholders will receive a dividend of € 1.25 per share for the 2016 fiscal year (€ 1.15 for fiscal 2015). Total dividend distribution to shareholders will amount to € 1.377 billion for fiscal year 2016. The dividend is slated for payment on or after May 11, 2017. The shareholders approved the actions by the Executive and Supervisory Boards for the 2016 fiscal year and approved the appointment of KPMG AG Wirtschaftsprüfungsgesellschaft to audit the financial statements 2017.
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 350,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
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