|Year||Payment date||Dividend per share (EUR)||Dividends (EUR m)||Payout ratio|
Subject to the approval by the general shareholders’ meeting, ProCredit targets a dividend payout ratio of one third of the previous year’s annual consolidated profit after tax.
(1) No dividend was distributed to shareholders from the profits of the financial year 2019 due to the recommendations of the regulatory authorities in regards to the Covid-19 Pandemic prevailing in 2020. We continue to deduct one-third of the consolidated results for 2019 for dividend purposes. More information here.