At the Annual General Meeting of Volkswagen AG, the shareholders followed the proposal of the Board of Management and Supervisory Board and resolved by a large majority to pay a dividend of EUR 6.30 per ordinary share and EUR 6.36 per preference share for the 2024 financial year. This corresponds to a payout ratio of around 30 per cent. Volkswagen’s preference shares yielded 7.1 percent based on the year-end closing price.
In the interests of all stakeholders, Volkswagen Aktiengesellschaft aims for a continuous dividend development that allows shareholders to participate appropriately in the company's business success. The dividend policy matches the Group's financial strategy. The dividend proposed to the Annual General Meeting for the respective underlying year therefore reflects the financial management objectives, in particular ensuring a solid financial foundation as part of the implementation of the corporate strategy.
Volkswagen AG's payout ratio is based on the Group’s earnings after tax attributable to the shareholders of Volkswagen AG and amounted to around 30% for the 2024 financial year. Volkswagen AG strives for a payout ratio of at least 30% as part of its dividend policy.
