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SAP Proposes Increased Dividend of €1 85 per Share

The Supervisory Board of SAP SE (NYSE: SAP) has decided, in alignment with the Executive Board, to recommend that shareholders approve a dividend of €1.85 per share for fiscal year 2020. This represents a year-over-year increase of €0.27 or 17%. If the shareholders approve this recommendation and if treasury shares remain at the 2020 closing level, the total amount of dividends to be distributed will be approximately €2.18 billion (2019: €1.86 billion), representing a pay-out ratio of 41% (2019: 55%). The 2020 fiscal year dividend is scheduled to be paid on or after May 18, 2021.

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