Dividend policy

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

On the one hand, Borussia Dortmund assesses its net retained profits (financial year 2024/2025: EUR 7,653 thousand). Borussia Dortmund reported a net loss for financial year 2025/2026. 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 in principle intends to use any net profit generated 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 and modernising 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.