WALLDORF, Germany, Feb. 20,
2025 /PRNewswire/ -- The Supervisory Board and
Executive Board of SAP SE (NYSE: SAP) recommend that shareholders
approve a dividend of €2.35 per share for fiscal year 2024. This is
an increase of €0.15, or 6.8% compared to the dividend paid for
fiscal year 2023 (€2.20). If approved by shareholders and assuming
the same level of treasury shares at the time of SAP SE's Annual
General Meeting of Shareholders on May 13,
2025, and as at December 31,
2024, the total amount distributed in dividends would be
approximately €2.741 billion (2023: €2.565 billion), representing a
pay-out ratio of 51.9% (2023: 43.0%).
SAP believes that its shareholders should benefit appropriately
from the profit the Company made in 2024. The Company's dividend
policy is to pay a dividend totaling at least 40% of non-IFRS
profit after tax from continuing operations.
The following dates are relevant for the dividend payment:
Record date for dividend payment: May 13, 2025
Ex-dividend date: May 14, 2025
Payment date: May 16, 2025
Note to holders of SAP ADRs (American Depositary
Receipts):
One SAP ADR represents one SAP SE share. The final dividend
amount per ADR is dependent upon the euro/US dollar exchange rate.
Since SAP SE pays cash dividends on the ordinary shares in euro,
the exchange rate fluctuations will affect the US dollar amounts
received by holders of ADRs. The final dividend payment by SAP SE
to the depositary bank is scheduled for May
16, 2025. The depositary bank will then convert the dividend
payment from euro into US dollars as promptly as practicable.
Visit the SAP News Center. Follow SAP on Twitter at
@SAPNews.
About SAP
As a global leader in enterprise applications and business AI,
SAP (NYSE: SAP) stands at the nexus of business and
technology. For over 50 years, organizations have trusted
SAP to bring out their best by uniting
business-critical operations spanning finance, procurement,
HR, supply chain, and customer experience. For more information,
visit www.sap.com.
This document contains forward-looking statements, which are
predictions, projections, or other statements about future events.
These statements are based on current expectations, forecasts, and
assumptions that are subject to risks and uncertainties that could
cause actual results and outcomes to materially differ. Additional
information regarding these risks and uncertainties may be found in
our filings with the Securities and Exchange Commission, including
but not limited to the risk factors section of SAP's 2023 Annual
Report on Form 20-F.
© 2025 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as
their respective logos are trademarks or registered trademarks of
SAP SE in Germany and other
countries. Please see https://www.sap.com/copyright for additional
trademark information and notices.
For customers interested in learning more about SAP
products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)
Please consider our privacy policy. If you received this press
release in your e-mail and you wish to unsubscribe to our mailing
list please contact press@sap.com and write Unsubscribe in the
subject line.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/sap-proposes-dividend-of-2-35-per-share-302380550.html
SOURCE SAP SE