Dividend policy

The dividend policy established by the Board of Directors states that the dividend payout ratio over a business cycle should be at least one-third of the company's net profit for the period with the aim to have stable annual payments to shareholders.

In its annual dividend proposal, the Board of Directors will, in addition to financial results, take into consideration the Group's investment and development needs. 

20162015​20142013​2012​2011​2010​2009
​Dividend per share, €​0.10​0.00​0.00​​0.00​0.00​0.00​0.25​0.35
​Dividend payout ratio​-​--​-​-​neg.​neg.
​Dividend yield, %-​​-​--​-​1.8​2.6