Share information

Share Indicators

	Units	2022	2021	2020	2019	2018
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	86	189	491	1 000	1 000
Shares entitled to dividend	Number	960 414	960 311	960 009	959 500	959 500
Operating result per share¹	EUR	55.8	46.1	23.4	24.3	53.5
Result of the period per share¹	EUR	40.6	31.6	9.2	14.5	37.6
Equity per share¹	EUR	272.1	249.9	196.1	226.5	279.3
Free cash flow per share¹	EUR	12.4	28.0	10.8	18.7	13.5
Dividend	CHF	16.50⁴	15.00	8.00	10.00	17.00
Market capitalisation	CHF million	316.0	389.5	446.2	459.6	483.1
Dividend yield²	%	5.0⁴	3.7	1.7	2.1	3.4
Total shareholder return	%	–15.2	–11.0	–0.8	–1.5	–15.5
Payout ratio³	%	40⁴	44	81	62	39
Price/profit ratio 31 December		8.1	11.9	46.9	29.7	11.6

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 17 May 2023.

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