OREANDA-NEWS.The Executive Board of RWE AG decided in its meeting today that the dividend proposal will no longer be based solely on recurrent net income starting with the payment for fiscal 2015. So far, the dividend proposal has been oriented towards a payout ratio of 40% to 50% of recurrent net income. In the future, it will be oriented towards RWE’s operating cash flows, indebtedness and earnings position. Opportunities to make growth investments will also be considered.

The Executive Board and the Supervisory Board will continue to attach high importance to the dividend. Dividend continuity and reasonable judgment are major criteria. This is to be done justice by taking the dividend of the preceding year into account among other things when deciding on the dividend proposal. However, this will not go hand in hand with the determination of a minimum dividend.