SAP Proposes Dividend of €2.50 per Share

Rhea-AI Summary

SAP (NYSE: SAP) proposes a dividend of €2.50 per share for fiscal year 2025, up €0.15 or 6.4% from 2024. If approved and assuming unchanged treasury shares, total dividends would be approximately €2.919 billion with a pay-out ratio of 40.7%.

The company reiterates a dividend policy targeting 40% or more of Non-IFRS profit after tax. Key dates: Record date May 5, 2026; Ex-dividend May 6, 2026; Payment date May 8, 2026. ADR payments depend on euro/USD exchange rates.

Positive

• Dividend increase of €0.15 per share (+6.4%)
• Total distribution of approximately €2.919 billion if approved
• Dividend policy targeting 40% or more of Non-IFRS profit after tax

Negative

• Pay-out ratio declined to 40.7% from 52.0% in 2024
• ADR payments subject to euro/US dollar exchange rate volatility

News Market Reaction – SAP

-2.28%

1 alert

-2.28% News Effect

On the day this news was published, SAP declined 2.28%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

WALLDORF, Germany, Feb. 19, 2026 /PRNewswire/ -- The Supervisory Board and Executive Board of SAP SE (NYSE: SAP) recommend that shareholders approve a dividend of €2.50 per share for fiscal year 2025. This is an increase of €0.15, or 6.4% compared to the dividend paid for fiscal year 2024. If approved by shareholders and assuming the same level of treasury shares as of December 31, 2025, the total amount distributed in dividends would be approximately €2.919 billion (2024: €2.743 billion), representing a pay-out ratio of 40.7% (2024: 52.0%).

SAP believes that its shareholders should benefit appropriately from the profit the Company made in 2025. The Company's dividend policy is to pay a dividend totaling 40% or more of Non-IFRS profit after tax.

The following dates are relevant for the dividend payment:

• Record date for dividend payment: May 5, 2026
• Ex-dividend date: May 6, 2026
• Payment date: May 8, 2026

Note to holders of SAP ADRs (American Depositary Receipts):

One SAP ADR represents one SAP SE share. The final dividend amount per ADR is dependent upon the euro/US dollar exchange rate. Since SAP SE pays cash dividends on the ordinary shares in euro, the exchange rate fluctuations will affect the US dollar amounts received by holders of ADRs. The final dividend payment by SAP SE to the depositary bank is scheduled for May 8, 2026 . The depositary bank will then convert the dividend payment from euro into US dollars as promptly as practicable.

About SAP

As a global leader in enterprise applications and business AI, SAP (NYSE: SAP) stands at the nexus of business and technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit www.sap.com.

For more information, financial community only:
Alexandra Steiger, +49 (6227) 7-767336, investor@sap.com, CET
Follow SAP Investor Relations on LinkedIn at SAP Investor Relations.

For more information, press only:
Marcus Winkler, +46 (6227) 7-67497, marcus.winkler@sap.com, CET
Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP's 2024 Annual Report on Form 20-F.

© 2026 SAP SE. All rights reserved.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.

Logo - https://mma.prnewswire.com/media/847591/5813519/SAP__Logo.jpg

View original content to download multimedia:https://www.prnewswire.com/news-releases/sap-proposes-dividend-of-2-50-per-share-302691757.html

SOURCE SAP SE

FAQ

How much dividend did SAP (NYSE: SAP) propose for fiscal year 2025?

SAP proposed a dividend of €2.50 per share for fiscal year 2025. According to the company, this is an increase of €0.15 (6.4%) compared with the 2024 dividend and would total roughly €2.919 billion if approved.

What are the key dates for the SAP (NYSE: SAP) 2025 dividend payment?

The record date is May 5, 2026, ex-dividend date is May 6, 2026, and payment date is May 8, 2026. According to the company, shareholders on the record date will be eligible for the dividend paid on May 8.

What pay-out ratio did SAP report for the 2025 proposed dividend (SAP)?

The proposed dividend corresponds to a pay-out ratio of 40.7% for 2025. According to the company, this compares with a 52.0% pay-out ratio in 2024 and aligns with its 40%+ Non-IFRS profit after tax policy.

How will SAP ADR holders (NYSE: SAP ADR) receive the €2.50 dividend?

ADR holders will receive a dollar-equivalent payment after conversion by the depositary bank. According to the company, the final ADR amount depends on the euro/US dollar exchange rate and conversion occurs after the May 8, 2026 payment to the bank.

Does SAP's dividend policy change with the 2025 proposal (SAP)?

No policy change was announced; SAP continues a policy to pay a dividend totaling 40% or more of Non-IFRS profit after tax. According to the company, the proposal reflects that policy and aims to share profit with shareholders.

What is the estimated total cash payout for SAP (NYSE: SAP) if the 2025 dividend is approved?

If approved and assuming the same treasury share level, total cash dividends are estimated at approximately €2.919 billion. According to the company, this compares with €2.743 billion distributed in 2024 under the previous dividend.