Act reliably
Our Annual Report
Act reliably
Our Annual Report
Factbook
ESG-Factbook 2023
In connection with the Deutsche Wohnen acquisition, Vonovia raised €8.1bn of new equity by way of a subscription rights issue in December 2021. Every shareholder received subscription rights –relative to their shareholding- which are equal to a free bonus element, because they allowed shareholders to buy new shares at a discount (or sell the subscription rights).
This bonus element requires an adjustment of all historical per-share numbers (“TERP adjustment) to allow comparison with prior years because the new shares were issued to shareholders at a discount). International Accounting Standards (IAS 33) also require the adjustment of prior-year periods. All data providers like Bloomberg, Factset, Reuters etc. follow this approach as well.
As Vonovia SE, we are committed to offering our shareholders an attractive dividend. We have distributed a dividend of EUR 0.9 per share for the 2023 fiscal year.
Our dividend policy aims to ensure a balance between attractive distributions and the sustainable further development of our company. At the time of distribution, dividend yield of Vonovia was most recently around 3.2%. We will continue to strive to secure stable income for our shareholders in the future and provide you with transparent information on the Vonovia dividend on this page.
Calculate the return on your investment now - quickly, easily and reliably - with the Vonovia dividend calculator.