Dividend policy | Schindler Group

The dividend policy is earnings-related and provides for a payout ratio of 35% to 65% of net profit attributable to shareholders of Schindler Holding Ltd.

Information per registered share and participation certificate

		2018	2017	2016	2015	2014
Earnings	in CHF	8.79	7.70	7.14	6.28	7.74
Earnings before exceptional items	in CHF	8.23	7.70	6.61	6.28	6.28
Cash flow from operating activities	in CHF	9.37	7.56	8.69	10.07	8.09
Equity at year-end	in CHF	33.93	29.52	25.76	21.30	25.70
Gross dividend	in CHF	4.00	4.00	5.00	2.70	3.20
ordinary	in CHF	4.00	4.00	3.00	2.70	2.20
extraordinary	in CHF	–	–	2.00	–	1.00
Pay-out ratio	in %	45.5	52.0	70.0	41.9	41.4