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Dividends

SAP is one the few software companies to enable its shareholders to share in the Company's success by paying a dividend as a long-standing tradition. For more information, read the press release, "SAP AG Recommends Dividend Increase."

Following are the dividends for SAP AG ordinary shares adjusted for stock splits:

Dividends for SAP AG (Chart)

Effective Dividend Payments

The following table shows the effective dividend payment without tax credit in Euros:

1998 1999 2000 2001 2002 2003 2004 2005 2006
2007
Ordinary Shares 1.57 1.57 0.57 0.58 0.60 0.80 1.10 1.45 0.46 0.50
Preference Shares * 1.6 1.6 0.58 - - - - - - -
*) In 2001, preference shares were converted into ordinary shares.

Dividends for ADR Holders

Information on dividends for U.S. investors is available in the section ADR Program for U.S. Investors.

Want to learn more? Contact the SAP sales office nearest you.

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