Dividend

Dividends enable shareholders to participate in the company’s success. HHLA generally pursues a yield-orientated dividend distribution policy, which aims to pay out between 50 % and 70 % of net profit for the year after non-controlling interests in the form of dividends.
In view of the level of net profit after tax and minority interests in 2025, which was burdened by one-off tax effects despite a solid operational performance, the Executive Board and Supervisory Board will propose to the Annual General Meeting that no dividend per dividend-entitled class A share be paid for the 2025 financial year.

Key figures2019202020212022202320242025
Dividend per class A share€ 0.70€ 0.45€ 0.75€ 0.75€ 0.08€ 0.10€ 0.00
Dividend yield as of 31.12.2.9 %2.4 %3.6 %6.3 %0.5 %0.6 %-
Earnings per share as of 31.12.€ 1.34€ 0.91€ 1.43€ 1.13€ 0.12€ 0.32€ 0.02
Payout ratio52 %50 %53 %66 %67 %31 %-
Total payout class A shares€ 49.0m€ 32.3m€ 54.4m€ 54.4m€ 5.8m€ 7.3m-

2020: EPS adjusted by changes in net provision
2025: Dividend proposal