Key Data of Erste Group Share and Dividend Policy
Erste Group’s dividend policy is guided by the Bank’s profitability, growth outlook and capital requirements. We target a payout ratio in the range of 40-50% based on reported net profit, net of AT1 coupons.
The 31st Annual General Meeting that took place on 22 May 2024 was held with in-person attendance. The Annual General Meeting resolved to distribute a dividend of EUR 2.70 per share for the 2023 fiscal year, which was paid out on 29 May 2024.
Share
| Business year | Dividend per share | Dividend payment date |
| 2023 | EUR 2.70 | 29 May 2024 |
| 2022 | EUR 1.90 | 19 May 2023 |
| 2021 | EUR 1.60 | 25 May 2022 |
| 2020 | EUR 1.00 | 02 December 2021 |
| 2020 | EUR 0.50 | 27 May 2021 |
| 2019 | EUR 0.00 | . |
| 2018 | EUR 1.40 | 22 May 2019 |
| 2017 | EUR 1.20 | 01 June 2018 |
| 2016 | EUR 1.00 | 26 May 2017 |
| 2015 | EUR 0.50 | 19 May 2016 |
| 2014 | EUR 0.00 | - |
| 2013 | EUR 0.20 | 28 May 2014 |
| 2012 | EUR 0.40 | 24 May 2013 |
| 2011 | EUR 0.00 | - |
| 2010 | EUR 0.70 | 19 May 2011 |
| 2009 | EUR 0.65 | 19 May 2010 |
| 2008 | EUR 0.65 | 19 May 2009 |
| 2007 | EUR 0.75 | 13 May 2008 |
| 2006 | EUR 0.65 | 06 June 2007 |
| 2005 | EUR 0.55 | 26 May 2006 |
| 2004 | EUR 0.50 | 19 May 2005 |
| 2003 | EUR 0.38 | 07 May 2004 |
| 2002 | EUR 0.31 | 09 May 2003 |
| 2001 | EUR 0.31 | 13 May 2002 |
| 2000 | EUR 0.31 | 11 May 2001 |
| 1999 | EUR 0.31 | 16 May 2000 |
| 1998 | EUR 0.29 | 07 June 1999 |
| 1997 | EUR 0.29 | 29 May 1998 |
Amounts adjusted for 1:4 stock split of 8 July 2004.
Participation capital
| Business year | Dividend per nominal value EUR 1,000 | Dividend payment date |
| 2013 | 8 % | 05 June 2013 |
| 2012 | 8 % | 03 June 2013 |
| 2011 | 8 % | 31 May 2012 |
| 2010 | 8 % | 26 May 2011 |
| 2009 | 8 % | 28 May 2010 |
Erste Group’s dividend policy is guided by the Bank’s profitability, growth outlook and capital requirements. We target a payout ratio in the range of 40-50% based on reported net profit, net of AT1 coupons.
The 31st Annual General Meeting that took place on 22 May 2024 was held with in-person attendance. The Annual General Meeting resolved to distribute a dividend of EUR 2.70 per share for the 2023 fiscal year, which was paid out on 29 May 2024.
Share
Amounts adjusted for 1:4 stock split of 8 July 2004.
Participation capital
About the share | 2020 | 2021 | 2022 | 2023 | 2024 |
Shares outstanding at the end of the period | 429,800,000 | 429,800,000 | 429,800,000 | 429,800,000 | 410,514,384 |
Weighted average number of outstanding shares | 426,324,725 | 426,246,662 | 427,019,261 | 425,951,928 | 415,854,514 |
Market capitalisation (in EUR billion) | 10.7 | 17.8 | 12.9 | 15.8 | 24.5 |
High (in EUR) | 35.6 | 41.95 | 44.98 | 37.23 | 59.66 |
Low (in EUR) | 15.34 | 24.80 | 21.66 | 28.19 | 36.46 |
Closing price (in EUR) | 24.94 | 41.35 | 29.90 | 36.73 | 59.66 |
Price/earnings ratio | 16.0 | 10.0 | 6.2 | 5.4 | 8.2 |
Dividend per share (in EUR) | 1.50 | 1.60 | 1.90 | 2.70 | 3.00 |
Payout ratio | 96.4% | 38.7% | 39.6% | 40.0% | 41.2% |
Dividend yield | 6.0% | 3.9% | 6.4% | 7.4% | 5.0% |
Book value per share (in EUR) | 34.0 | 36.7 | 39.8 | 44.8 | 49.8 |
Price/book ratio | 0.7 | 1.1 | 0.8 | 0.8 | 1.2 |
Shares outstanding include Erste Group shares held by savings banks that are members of the Haftungsverbund (cross-guarantee system).