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SAP Raises Dividend to 1.15 Euro

May 12, 2016 by SAP News

MANNHEIM, Germany The Annual General Meeting of Shareholders of SAP SE today approved all management proposals for the agenda items.

The shareholders approved the actions by the Executive and Supervisory Boards for the 2015 fiscal year. They also approved management’s proposed dividend. Under this proposal, SAP shareholders will receive a dividend of €1.15 per share for the 2015 fiscal year (€1.10 for fiscal 2014). Total dividend distribution to shareholders will amount to around € 1.4 billion for fiscal year 2015. The dividend is slated for payment on or after May 13, 2016.

Prof. Dr. Gesche Joost was elected as shareholders’ representative of the Supervisory Board. Joost had been appointed Supervisory Board Member by the Local Court of Mannheim on May 28, 2015 until this year’s Annual General Meeting, replacing Dr. Hartmut Mehdorn who had resigned from office in May 2015.

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About SAP

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 approximately 310,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.

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