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  1. Knowledge
  2. ›Glossary
  3. ›Dividend

Dividends

Dividend

A dividend is the portion of a company's profit that it distributes to its shareholders.

A dividend is the portion of a company's profit distributed to shareholders. In Germany, payment is usually made once a year after the annual general meeting, whereas US companies tend to pay quarterly.

The dividend yield (dividend / share price) is an important metric for income investors. For German companies it has historically ranged, typically, between 2% and 5%.

In Germany, dividends are subject to the flat-rate withholding tax (Abgeltungsteuer, 25% plus the solidarity surcharge), but they can be received tax-free up to the saver's lump-sum allowance (Sparerpauschbetrag, 1,000 EUR).

Related terms

Stock/ShareFlat-Rate Withholding TaxTax Exemption Order

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