Dividend Information

Returning value to shareowners

Dividend Key Figures

Fiscal year

2019

2020

Dividend (Euro per share)

2.80

2.00

Total payout (Euro million)

2,751

1,965

Dividend yield (%)

3.8

4.2

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Consistent dividend policy

We are maintaining our dividend policy, which envisages a payout ratio within the target range of 30% to 40% of core earnings per share (core EPS). However, we expect a payout ratio that tends toward the lower end of this range in the coming years. On April 27, 2021, the Annual Stockholders' Meeting has approved the payment of a dividend of €2.00 per share for 2020 (2019: €2.80 per share), which corresponds to 31.3% of core EPS from continuing operations of €6.39 for fiscal 2020. Based on the Bayer stock price at the end of 2020, the dividend yield is 4.2%.?

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Notice of Dividend for fiscal 2020

April 28,?2021

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Dividend History

Dividend history

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Payment of Dividends