Dividend

Dividend policy

Event	Gross dividend from capital reserves until 2018/ As par value reduction from 2019	Total dividend paid to shareholders	in % of net profit (payout ratio)	Ex trading date	Payout date
2011	0.90 CHF	5'660'428.50 CHF	34.3%	27.06.2012	03.05.2012
2012	1.00 CHF	6'375'450.00 CHF	37.1%	26.04.2013	02.05.2013
2013	1.30 CHF	8'487'288.00 CHF	34.4%	02.05.2014	05.05.2014
2014	1.60 CHF	10'681'273.60 CHF	31.1%	30.04.2015	05.05.2015
2015	1.90 CHF	12'902'732.80 CHF	34.8%	28.04.2016	03.05.2016
2016	2.10 CHF	14'525'975.10 CHF	31.4%	27.4.2017	03.05.2017
2017	2.25 CHF	15’440’591.25 CHF	30.1%	26.04.2018	30.04.2018
2018	1.60 CHF	11’084’886.40 CHF	28.8%	30.04.2019	03.05.2019
2019	0.60 CHF (Par value reduction)	4'268'903.40 CHF	32.7%	10.07.2020	14.07.2020
2020	no dividend or par value reduction paid
2021	1.30 CHF (Par value reduction)	9’249’290.70 CHF	60.3%	07.07.2022	09.07.2022
2022	2.00 CHF (Par value reduction)	14’435’434.00 CHF	14.2%	05.05.2023 (estimated date)	09.05.2023 (estimated date)