Development of Dividends

On January 21, 2014 the Management Board of Henkel AG & Co. KGaA has decided to propose to the Annual General Meeting, depending on Henkel's asset and profit positions as well as its financial requirements, a future dividend payout ratio between 25 percent and 35 percent of net income after non-controlling interests and adjusted for exceptional items instead of currently about 25 percent. For the financial year 2013, a dividend payout ratio of about 30 percent will be proposed. This Management Board resolution is subject to approval from the Supervisory Board and the Shareholders' Commitee.

Dividend per Share in euros