Share information

Share Indicators

	Units	2021	2020	2019	2018	2017
Share capital (bearer shares with a par value of CHF 1.00)	CHF	960 500	960 500	960 500	960 500	960 500
Treasury shares	Number	189	491	1 000	1 000	1 000
Shares entitled to dividend	Number	960 311	960 009	959 500	959 500	959 500
Operating result per share¹	EUR	45.8	23.4	24.3	53.5	32.0
Result of the period per share¹	EUR	31.4	9.2	14.5	37.6	22.9
Equity per share¹	EUR	254.3	200.4	226.5	279.3	281.1
Free cash flow per share¹	EUR	28,.0	10.8	18.7	13.5	11.9
Dividend	CHF	15.00⁴	8.00	10.00	17.00	16.00
Market capitalisation	CHF million	389.5	446.2	459.6	483.1	589.7
Dividend yield²	%	3.7⁴	1.7	2.1	3.4	2.4
Total shareholder return	%	–11.0	–0.8	–1.5	–15.5	34.1
Payout ratio³	%	44⁴	81	62	39	63
Price/profit ratio 31 December		12.0	46,.9	29.7	11.6	24.2

1 Based on shares entitled to dividend as at 31 December.
2 Dividend in relation to year-end price.
3 Dividend (shares entitled to dividend only) in relation to result of the period.
4 Proposal to the Shareholders’ General Meeting of 20 May 2022.

Dividend Policy and Proposal

Phoenix Mecano strives to achieve a payout ratio of 40% to 50% of the result of the period, adjusted for special factors. As a growth-oriented enterprise, the company relies upon the steady growth of its capital base. Phoenix Mecano returns capital not required for business development to its shareholders:

Dividends
Par value reduction as a tax-free investment payout
Share buybacks with subsequent share cancellation

Dividend per share

in CHF

Analyst Coverage

Below is an overview of the analysts who regularly monitor our business performance:

Bank	Contact
UBS AG	Joern Iffert joern.iffert.dont-like-spam@ich-will-kein-spam.ubs.com
Zürcher Kantonalbank	Richard Frei richard.frei.dont-like-spam@ich-will-kein-spam.zkb.ch
Research Partners AG	Reto Huber reto.huber.dont-like-spam@ich-will-kein-spam.researchpartners.ch