Underlying net income
Consolidated profit after non-controlling interests from continuing activities, before the effects of purchase price allocations and other special items.
Common share
Voting share without any preferential rights (opposite: preference share).
Dividend
The share of the profit of a stock corporation distributed to the shareholders. The amount of the dividend is proposed by the Executive Board and approved by the Annual General Meeting. The dividend depends, among other things, on the profitability, economic situation and dividend policy of the company. The basis of assessment for the distribution is the profit calculated according to commercial law.
Proposed Allocation of Profits
The ProSiebenSat.1 Media AG Executive Board intends to propose to the Annual General Meeting a dividend payment of EUR 1.60 per common share. This represents an expected total payout of EUR 341.8 million or a payout ratio of 81.6 % of underlying net income.1 On the basis of the share price of the common share of EUR 34.83 on December 30, 2014, this equates to a dividend yield of 4.6 %.
1 Payment amount and ratio are subject to change in treasury stock until dividend payment date.