Frequently asked questions
Here we have compiled some frequently asked questions together with our answers
Dividend
Which dividend and payout policy pursues RWE?
Our dividend policy targets a regular payout ratio of 50% to 60% of recurrent net income. This figure is calculated by subtracting from net income the non-operating result which is affected by one-off effects and major non-recurrent effects on the financial result, taxes, and income from discontinued operations.
The Annual General Meeting of April 20, 2011, resolved to pay a dividend of € 3.50 for the fiscal year from January 1 through December 31, 2010. Relative to recurrent net income, this results in a payout ratio of 50%. The dividend was paid on April 21, 2011.
Our dividend proposal for fiscal 2011 will again be in line with our usual payout ratio of 50 % to 60 %. The basis for calculating the payout ratio is recurrent net income, which is expected to be approximately 35 % lower than last year.
What was the dividend paid for the 2010 fiscal year of RWE AG? When was the dividend paid?
The Annual General Meeting of April 20, 2011, resolved to pay a dividend of € 3.50 for the fiscal year from January 1 through December 31, 2010. Relative to recurrent net income, this results in a payout ratio of 50%. The dividend was paid on April 21, 2011.
How was the development of the dividends in the past?
| Fiscal year | Dividend | Date of payment | |
| 1Truncated fiscal year (July - December). | |||
| 1996/97 | 0.82 € | 12/12/1997 | |
| 1997/98 | 0.92 € | 20/11/1998 | incl. bonus |
| 1998/99 | 1.00 € | 19/11/1999 | |
| 1999/00 | 1.00 € | 24/11/2000 | |
| 2000/01 | 1.00 € | 08/06/2001 | |
| 20011 | 1.00 € | 07/06/2002 | |
| 2002 | 1.10 € | 16/05/2003 | incl. bonus |
| 2003 | 1.25 € | 16/04/2004 | |
| 2004 | 1.50 € | 15/04/2005 | |
| 2005 | 1.75 € | 18/04/2006 | |
| 2006 | 3.50 € | 19/04/2007 | |
| 2007 | 3.15 € | 18/04/2008 | |
| 2008 | 4.50 € | 23/04/2009 | |
| 2009 | 3.50 € | 23/04/2010 | |
| 2010 | 3.50 € | 21/04/2011 | |
Up to which date do I need to have purchased RWE shares to receive the dividend?
All shareholders who have RWE shares in their securities account on the date of the Annual General Meeting are entitled to receive the dividend.
What is the tax impact on my RWE dividend?
For further information please use the following links:
Introduction of the Definitive Flat Rate Withholding Tax from 2009

