- High reliability: The dividend for the fiscal year 2019 will be 60 Cent per share, irrespective if the merger between T-Mobile USA and Sprint happens or not. For the years 2020 and 2021 we have increased the minimum dividend in November 2019 from 50 Cent to 60 Cent.
- Dividend growth: The growth of our dividend will base in the coming years on the development of the adjusted earnings per share. If – what we expect – the merger of T-Mobile USA and Sprint will be approved, the adjusted earnings per share will decrease initially before they increase significantly after the integration. The minimum dividend will be in any case 60 Cent. In case the merger will not happen, we expect increasing adjusted earnings per share and therefore an growing dividend from the basis of the fiscal year 2019 (60 Cent).
- Tax-free payout: The dividend for the 2019 financial year will be paid out without deduction of the German capital gains tax.
*subject to required approvals