| DIVIDENDS | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|
Dividend per share, EUR |
0.15 | 0.25 | 0.10 | – | – | – | – | – | 0.25 |
|
Dividend payout ratio |
47.4 | 26.3 | 28.8 | – | – | – | – | – | – |
|
Dividend yield, % |
4.7 | 3.2 | 1.2 | – | – | – | – | – | 1.8 |
Dividend policy
The Board of Directors updated Outokumpu's dividend policy on January 31, 2018. According to the new policy, dividend pay-out ratio throughout a business cycle shall be in a range of 30-50 per cent of net income.