Dividend policy

Two key indicators are assessed to shape Borussia Dortmund’s dividend policy.

On the one hand, Borussia Dortmund assesses its earnings situation (financial year 2022/2023: EUR 0 thousand). On 30 June 2023, Borussia Dortmund reversed its revenue reserves and partially reversed its capital reserves and offset them against the loss carryforwards from prior years stemming from the COVID-19 pandemic. As in the previous year, Borussia Dortmund reported a net profit for financial year 2023/2024. 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 in on strengthening the professional squad, modernising and digitalising SIGNAL IDUNA PARK and expanding the training ground in Dortmund-Brackel. Despite these investments, it is Borussia Dortmund’s aim going forward to once again distribute a dividend to its shareholders every year, provided it generates a net profit.