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The engine company. DEUTZ®


The Board of Management and Supervisory Board will propose to the Annual General Meeting on May 14, 2020 that accumulated income be used to pay a dividend of €0.15 per share. This would give a dividend ratio of 34.9 percent.

As the full dividend is disbursed from the tax-specific capital contribution account as defined in section 27 of the German Corporation Tax Act (KStG), it is paid out without any deductions for investment income tax or the solidarity surcharge. For shareholders based in Germany, dividend payments are normally not subject to tax. There is no possibility to claim a tax refund or tax credits in connection with the dividend payment. The dividend payout from the tax-specific capital contribution account is typically treated as a repayment of contributions and is therefore deducted from the acquisition cost of the shares under German tax law.

Shareholders, especially those based outside Germany, are advised to consult a professional tax advisor to clarify any further questions regarding the tax treatment of dividends.