Dividend policy
The Group intends to maintain its current attractive dividend policy and proposes a target pay-out ratio of around 75% of net income attributable to shareholders, subject to a minimum of the prior year dividend per share, with dividend increases based on sustainable earnings growth.
| Year |
Payment date as from |
Gross dividend |
Paid from available earnings1 |
Paid from capital contribution reserve |
| 2017 |
10 April 2018 |
CHF 18.00 |
CHF 16.60 |
CHF 1.40 |
| 2016 |
04 April 2017 |
CHF 17.00 |
CHF 11.30 |
CHF 5.70 |
| 2015 |
05 April 2016 |
CHF 17.00 |
-- |
CHF 17.00 |
| 2014 |
09 April 2015 |
CHF 17.00 |
-- |
CHF 17.00 |
| 2013 |
09 April 2014 |
CHF 17.00 |
-- |
CHF 17.00 |
| 2012 |
11 April 2013 |
CHF 17.00 |
-- |
CHF 17.00 |
| 2011 |
05 April 2012 |
CHF 17.00 |
-- |
CHF 17.00 |
| 2010 |
07 April 2011 |
CHF 17.00 |
-- |
CHF 17.00 |
| 2009 |
08 April 2010 |
CHF 16.00 |
CHF 16.00 |
-- |
| 2008 |
07 April 2009 |
CHF 11.00 |
CHF 11.00 |
-- |
1 Subject to 35% Swiss withholding tax