Outlook & Financial strategy
Here you find all information about our financial strategy and the outlook for the next years.
Deutsche Telekom offers its shareholders a strong dividend yield with high reliability. Deutsche Telekom shares have therefore been a component of the DivDAX, the index of the 15 DAX shares with the highest dividend yields, since 2005.
70ct dividend per share for the fiscal year 2022
Deutsche Telekom has announced a dividend of 70 cents per share for the 2022 financial year. This corresponds to Deutsche Telekom's dividend policy of 40 to 60 percent of the adjusted sustainable earnings per share (EPS): the forecast for EPS in 2022 is >€1.50.
The approval of the Annual General Meeting is required for the distribution of the dividend.
- April 5, 2023: Annual General Meeting in Bonn
- April 6, 2023: Ex-dividend
- April 12, 2023: Payout of dividend
As usually at Deutsche Telekom, the dividend was announced with the results for the third quarter of the fiscal year on November 10, 2022.
Tax free payment of dividends
Out of today’s perspective the dividend payment from the tax contribution account in accordance with § 27 will continue over the next years.
Background: As the dividend is to be paid in full from the tax contribution account in accordance with § 27 of the Corporation Tax Act (Körperschaftsteuergesetz– KStG), payment will be made without deducting capital gains tax or the solidarity surcharge. Dividends paid to shareholders in Germany are not subject to taxation. Dividends do not entail tax refunds or tax credits. In the German tax authorities’ view the dividend payment reduces the acquisition costs of the shares for tax purposes.
Outlook on future dividends
Dividend policy
Deutsche Telekom is committed to pay out 40 to 60 percent of adjusted sustainable earnings per share (EPS) as dividend per share each year.
Analyst consensus for future dividends
In line with our dividend policy, analysts expect a dividend per share between 40 to 60 percent of earnings per share (EPS).
Further details on the consensus are available here.
Hannes Wittig
Head of Investor Relations Deutsche Telekom (Senior Vice President)
Address
Friedrich-Ebert-Allee 140, 53113 Bonn
Christoph Greitemann
Senior IR Manager
christoph.greitemann@telekom.de
Address
Friedrich-Ebert-Allee 140, 53113 Bonn
T-Mobile US, Inc.
investor.relations@t-mobile.com
Address
Five Newport, 12920 SE 38th St, Bellevue, WA,
