Dividend
Dividend policy
HUGO BOSS pursues a profit-based dividend policy that should allow the shareholders to participate in the Group’s earnings development. In general, between 60% and 80% of net income is to be paid to the shareholders. In view of the current uncertainties and negative implications of COVID-19, the Managing Board and the Supervisory Board have decided to propose to the Annual Shareholders’ Meeting that the dividend payment for fiscal year 2019 will be suspended. The retention of net profit is intended to further strengthen the financial stability and flexibility of the Company.
