Annual Report 2013

Economic report

Preferred share dividends
in euros
2009
0.53
2010
0.72
2011
0.80
2012
0.95
2013
1.221
1 Proposal to shareholders for the Annual General Meeting on April 4, 2014.

Dividends

Subject to approval by the Supervisory Board and the Shareholders’ Committee, future dividend payouts of Henkel AG & Co. KGaAKGaA
Abbreviation for “Kommanditgesellschaft auf Aktien.” A KGaA is a company with a legal identity (legal entity) in which at least one partner has unlimited liability with respect to the company’s creditors (personally liable partner), while the liability for such debts of the other partners participating in the share-based capital stock is limited to their share capital (limited shareholders).
shall, depending on the company’s asset and profit positions as well as its financial requirements, amount to 25 percent to 35 percent of net income after non-controlling interestsnon-controlling interests
Proportion of equity attributable to third parties in subsidiaries included within the scope of consolidation. Previously termed “minority interests.” Valued on a proportional net asset basis. A pro-rata portion of the net earnings of a corporation is due to shareholders owning non-controlling interests.
and adjusted for exceptional items. We will, consequently, propose to the Annual General Meeting an increased dividend payout compared to the previous year: 1.22 euros per preferred share and 1.20 euros per ordinary share. The payout ratiopayout ratio
Indicates what percentage of annual net income (adjusted for exceptional items) is paid out in dividends to shareholders, including non-controlling interests.
will then be 30 percent.