41 Dividend per share

The gross dividends paid in 2018 (in respect of the year ended 31 December 2017) and 2017 (in respect of the year ended 31 December 2016) were € 226 million (€ 1.18 per share) and € 220 million (€1.15 per share) respectively.

A dividend in respect of the year ended 31 December 2018 of € 1.21 per share, amounting to a total dividend of € 233 million, is to be proposed at the annual general meeting of the shareholders on 25 April 2019.

In accordance with IAS 10, events after the reporting period, the proposed dividend has not been recognized as a liability at year-end.