DWS proposes payment of extraordinary dividend of EUR 4.00 per share

DWS Group’s Executive Board and Supervisory Board have decided to propose to the AGM 2024 the payment of an ordinary dividend of EUR 2.10 per share for the business year 2023 as well as the payment of an extraordinary dividend of EUR 4.00 per share.

“One of the cornerstones of our Capital Markets Day 2022 was the commitment to our shareholders to focus on creating value and delivering cash flow. With today’s decision to pay an extraordinary dividend in 2024 to hand back capital to our shareholders, we are delivering on this promise”, said Stefan Hoops, CEO of DWS Group. “At the same time, we maintain the ability to fund our organic growth ambitions in the alternatives business and continue investigating inorganic growth options. With this we want to demonstrate our commitment to assess internal and external growth opportunities as well as returning shareholders money.”

The proposed extraordinary dividend of EUR 4.00 per share amounts to a total payout of EUR 800 mn.

The payment of the ordinary and extra-ordinary dividend is subject to the decision of the Annual General Meeting on June 6, 2024.

Further information will be provided as part of the communication of DWS’ full year results 2023 on February 1, 2024.

About DWS Group

DWS Group (DWS) with EUR 860bn of assets under management (as of 30 September 2023) aspires to be one of the world's leading asset managers. Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.

We offer individuals and institutions access to our strong investment capabilities across all major liquid and illiquid asset classes as well as solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management – as well as our deep environmental, social and governance focus – complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, giving strategic guidance to our investment approach.

DWS wants to innovate and shape the future of investing. We understand that, both as a corporate as well as a trusted advisor to our clients, we have a crucial role in helping to navigate the transition to a more sustainable future. With approximately 4,500 employees in offices all over the world, we are local while being one global team. We are committed to acting on behalf of our clients and investing with their best interests at heart so that they can reach their financial goals, no matter what the future holds. With our entrepreneurial, collaborative spirit, we work every day to deliver outstanding investment results, in both good and challenging times to build the best foundation for our clients’ financial future.