Our Ambition
variable dividendsPreviously called the special dividend. as a new instrument to supplement the existing progressive dividend policy. In accordance with its progressive dividend policy, OMV’s ambition is to increase its regular dividend every year or at least to maintain the level of the preceding year. OMV aims to distribute approximately 20% to 30% of the OMV Group’s operating cash flow including net working capital effects per year through its regular dividend, as a priority, and additionally, if sufficient funds are available, through an additional variable dividend.
OMV has not yet defined a target for the material topic Economic Impact. However, to support our commitment to delivering an attractive and predictable shareholder return through the business cycle, OMV amended its shareholder distribution policy in December 2022, introducing additionalStatus 2024:
In 2024, OMV distributed a regular dividend of EUR 2.95 per share, plus an additional dividend of EUR 2.10 per share, adding up to a total per-share dividend amount of EUR 5.05 for the financial year 2023. In addition, the Executive Board is planning to propose a regular dividend of EUR 3.05 per share, plus an additional dividend of EUR 1.70 per share for 2024, at the upcoming Annual General Meeting to be held on May 27, 2025.