Two key indicators are assessed to shape Borussia Dortmund's dividend policy.
On the one hand, Borussia Dortmund assesses its earnings situation, and in the past few financial years has generated a net profit. The Company reported a net loss for the current financial year, in particular on account of the effects of the COVID-19 pandemic.
On the other hand, free cash flow is used to ensure that cash flows from operating activities are sufficient to cover investments.
In order to remain competitive, Borussia Dortmund intends to use its net income for the year and cash and cash equivalents primarily for investments. The primary focus is on strengthening the professional squad, modernising SIGNAL IDUNA PARK and expanding the training ground in Dortmund-Brackel. Despite these investments, it is Borussia Dortmund's aim to continue distributing a dividend to its shareholders every year, provided it generates a net profit.