SAP: Proposes Dividend of €2.35 per Share

The Supervisory Board and Executive Board of SAP SE (NYSE: SAP) recommend that shareholders approve a dividend of €2.35 per share for fiscal year 2024. This is an increase of €0.15, or 6.8% compared to the dividend paid for fiscal year 2023 (€2.20).
If approved by shareholders and assuming the same level of treasury shares at the time of SAP SE’s Annual General Meeting of Shareholders on May 13, 2025, and as of December 31, 2024, the total amount distributed in dividends would be approximately €2.741 billion (2023: €2.565 billion), representing a payout ratio of 51.9% (2023: 43.0%).
SAP believes that its shareholders should benefit appropriately from the profit the Company made in 2024. The Company’s dividend policy is to pay a dividend totalling at least 40% of non-IFRS profit after tax from continuing operations.
The following dates are relevant for the dividend payment:
     Record date for dividend payment: May 13, 2025 Ex-dividend date: May 14, 2025 Payment date: May 16, 2025
Note to holders of SAP ADRs (American Depositary Receipts): One SAP ADR represents one SAP SE share. The final dividend amount per ADR is dependent upon the euro/U.S. dollar exchange rate. Since SAP SE pays cash dividends on ordinary shares in euros, the exchange rate fluctuations will affect the U.S. dollar amounts received by holders of ADRs. The final dividend payment by SAP SE to the depositary bank is scheduled for May 16, 2025. The depositary bank will then convert the dividend payment from euros into U.S. dollars as promptly as practicable.
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About SAP
As a global leader in enterprise applications and business AI, SAP (NYSE: SAP) stands at the nexus of business and technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit www.sap.com.
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