SAP introduces new metric in its financial reporting: Current Cloud Backlog
April 3, 2020
Starting in Q1 2020, SAP is disclosing a new metric to better report on the growth momentum of its cloud business. The new metric ‘Current Cloud Backlog’ replaces the previously disclosed ‘New Cloud Bookings’.
SAP Releases Integrated Report 2019 and Files Annual Report 2019 on Form 20-F with the U.S. Securities and Exchange Commission
February 27, 2020
SAP SE (NYSE: SAP) today announced that it has filed the SAP Annual Report on Form 20-F for the year ended December 31, 2019 with the U.S. Securities and Exchange Commission (SEC).
SAP Supervisory Board Proposes Increased Dividend of €1.58 per Share; Enhanced Capital Return of €1.5 Billion To Be Used for Share Repurchase Program
February 19, 2020
The Supervisory Board of SAP SE, in alignment with the Executive Board, has decided to recommend that shareholders approve a dividend of €1.58 per share for the fiscal year 2019. This represents a year-over-year increase of €0.08, or 5.3% compared to last year’s dividend of €1.50. If the shareholders approve this recommendation at the Annual General Meeting of Shareholders on May 20, 2020 and based on the current number of shares carrying dividend rights, the total amount of dividends to be distributed will be approximately €1.89 billion (2018: €1.79 billion), representing a pay-out ratio of 56% (2018: 44%). The 2019 fiscal year dividend will be due for payment on May 26, 2020.
SAP Announces Preliminary Fourth Quarter and Full-Year 2019 Results
January 28, 2020
SAP SE (NYSE: SAP) today announced its preliminary financial results for the fourth quarter ended December 31, 2019.