Dividend Policy
United Internet’s dividend policy aims to pay a dividend to shareholders of approx. 20-40% of adjusted consolidated net income after minority interests (adjusted consolidated net income attributable to the “shareholders of United Internet AG” – according to the consolidated statement of comprehensive income), provided that funds are not needed for further Company development.
| DIVIDEND DEVELOPMENT ⁽¹⁾ | 2021 | 2022 | 2023 | 2024 ⁽⁴⁾ | 2025 | |
|---|---|---|---|---|---|---|
| Dividend per share (in €) | 0.50 | 0.50 | 0.50 | 0.40 | 0.50 | |
| Dividend payment (in € million) | 93.4 | 86.4 | 86.4 | 69.1 | 86.4 | |
| Payout ratio | 22.4% | 23.5% | 37.1% | - | 32.3% | |
| Adjusted payout ratio ⁽²⁾ | 23.7% | 23.1% | 35.6% | 39.4% | 40.8% | |
| Dividend yield ⁽³⁾ | 1.8% | 2.6% | 2.5% | 1.7% | 1.8% |
- The representation does not claim to be complete.
- Without special items (see publication of the 2024 Annual Report)
- As of: June 30, 2025
- Incl. a one-off catch-up dividend of EUR 1.50
Dividend 2025
At the Annual General Meeting of United Internet AG held on May 21, 2026, the dividend proposal submitted by the Management Board and the Supervisory Board was approved by 99.98% of the votes cast. The dividend proposal for the 2025 fiscal year provided for a regular dividend of €0.50 per share.
The regular dividend for the 2025 fiscal year results in a total payout of €86.4 million. The payout ratio thus stood at 40.8% of the adjusted consolidated net income for 2025 after minority interests and was therefore—despite the investments made and those still pending in the 1&1 mobile network and the expansion of the fiber-optic network—at the upper end of the dividend policy. The dividend yield from the regular dividend amounted to 1.8%.
