Following a supervisory board meeting in Stuttgart today (25 April), Porsche SE has revised its 2015 finanancial year dividend proposal to a considerably higher level than previously announced on Friday (22 April).

The executive board of Porsche Automobil Holding SE had planned to propose to the annual general meeting – subject to supervisory board approval – a dividend payout of Euro 0.204 per ordinary share and of Euro 0.21 per preference share.

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But, in a statement on Monday, the automaker said: "The executive board and the supervisory board of Porsche SE have now come to an agreement to propose to the annual general meeting a dividend payout of Euro 1.004 per ordinary share and of Euro 1.01 per preference share."

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