Dividend Overview

Dividend proposal as published in the 2019 Annual Report:

As a result of the strong operational and financial performance in 2019, the company’s robust financial position as well as Management’s confidence in our long-term growth aspirations, the adidas AG Executive and Supervisory Boards will recommend paying a dividend of € 3.85 per dividend-entitled share to shareholders at the Annual General Meeting (AGM) on May 14, 2020. This represents an increase of 15% compared to the prior year dividend (2018: € 3.35). Subject to the meeting’s approval, the dividend will be paid on May 19, 2020.

Update April 14, 2020:

Following the severe impact on its business from the global spread of the coronavirus pandemic, adidas has taken steps to safeguard the company’s financial flexibility. The company received the approval of the German government for the participation of KfW, Germany’s state-owned development bank, in a syndicated revolving loan facility amounting to € 3.0 billion at customary market conditions to bridge this unprecedented situation. The duration of the facility is 15 months (until July 2021). The company may, at its discretion, terminate the agreement prematurely. 

One of the conditions of the syndicated loan is that adidas de facto suspends dividend payments for the duration of the facility.

* Dividend proposal as published in the 2019 Annual Report.

** Dividend payout date as published in the 2019 Annual Report.