Freenet AG Approves Record Dividend of EUR 1.97 per Share

freenet AG's Annual General Meeting recently approved a record dividend of EUR 1.97 per share, marking an 11.3% increase from the previous year. The dividend yield currently stands at 7.2%, up from 7.0% last year. The decision, endorsed by 99.93% of the voters, includes a one-off effect of EUR 0.12 per share resulting from the sale of IP addresses. Overall, the company will distribute EUR 234.1 million to its shareholders, an increase from EUR 210.4 million in the prior year.

The distribution, set for 16 May 2025, involves a partial deduction of capital gains tax. Notably, EUR 1.21 of the dividend per share originates from the tax contribution account, thus not subject to capital gains tax. However, the remaining EUR 0.76 is taxable under standard regulations. Additionally, all other agenda items at the meeting received broad approval.