Dividend and Yield Ratios
| Service |
From TUI AG’s annual net profit of € 66 million and the profit carried forward of € 54 million, profit available for distribution of € 33 million was available for distribution to the shareholders after transfers to the revenue reserves of € 88 million. Accordingly, a recommendation to pay a dividend of 25 euro cents per no-par value share will be submitted to the Annual General Meeting. With 251,245,575 dividend-bearing shares, the amount available for distribution totals € 62.8 million.
Development of dividends and earnings per share of TUI shares
| € | 2003 | 2004 | 2005 | 2006 | 2007 |
|---|---|---|---|---|---|
| Earnings per share | 1.54 | 2.96 | 2.28 | - 3.66 | 0.61 |
| Dividend | 0.77 | 0.77 | 0.77 | 0.00 | 0.25 |
Stock yield
As before, the TUI share was an attractive investment for yield-oriented investors in 2007. Shareholders with longer-term exposure who in 1990, for instance, bought then Preussag shares for the equivalent of € 500, exercised their subscription rights and reinvested their dividends, held a TUI share portfolio worth € 1,190 at the balance sheet date. Their average return per annum was more than 5%.