High Dividend Payout In 2023

Porsche's Impressive Dividend: 2023 Payout and Dividend Policy

High Dividend Payout in 2023

In the 2023 fiscal year, Porsche AG declared a substantial dividend of EUR 101 per share. This dividend is a testament to the company's strong financial performance and commitment to shareholder returns.

Dividend Policy in Alignment with Growth

Porsche's dividend policy is aligned with its long-term growth strategy. The company aims to maintain a balance between dividend payments and investments in future growth initiatives. This policy ensures sustainable dividend payments while supporting the company's expansion plans.

Attractive Dividend Yield

Based on Porsche's current share price of EUR 7062, the dividend yield stands at an attractive 1.43%. This yield is higher than the average dividend yield of the German DAX index, making Porsche an attractive investment option for income-seeking investors.

Historical Dividend Performance

Porsche AG has consistently paid dividends to shareholders. The dividend payout ratio, which measures the percentage of earnings paid out as dividends, has averaged around 40% in recent years. This consistent payout ratio provides investors with confidence in the sustainability of Porsche's dividend payments.

Conclusion

Porsche's impressive dividend payment in 2023 and its strong dividend policy demonstrate the company's commitment to rewarding shareholders. The attractive dividend yield and historical dividend performance make Porsche an attractive investment opportunity for investors seeking income and long-term growth potential.