Dividend
Dividend for fiscal year 2023
Dividend policy
In the interests of all stakeholders, Volkswagen Aktiengesellschaft aims for a continuous dividend development that allows shareholders to participate appropriately in the company's business success. The dividend policy matches the Group's financial strategy. The dividend proposed to the Annual General Meeting for the respective underlying year therefore reflects the financial management objectives, in particular ensuring a solid financial foundation as part of the implementation of the corporate strategy.
Volkswagen AG's payout ratio is based on the Group’s earnings after tax attributable to the shareholders of Volkswagen AG and amounted to 28.3% for the 2023 financial year. Volkswagen AG strives for a payout ratio of at least 30% as part of its dividend policy.