SAP’s Board Recommends 12% Dividend Hike for Shareholders
SAP SE’s SAP board has recommendeda dividend of €1.40 per share for 2017, which represents a 12% year-over-year hike. Based on the weighted average 1,197 million shares outstanding, this will amount to a total dividend outlay of approximately €1.67 billion, representing a pay-out ratio of 41% (assuming the shareholders approve the Board’s recommendation). […]