The invention relates to a dispensing device for dispensing liquids (12), particularly liquid medications to people, comprising a container (1) which is filled with said liquid (12) and which has an opening (11) at one end for dispensing same (12), and at least one pair of capacitive measuring electrodes (21, 22) which are arranged in the outer region of the container (1), particularly on the wall, opposite one another, for determining the permittivity of the respective medium in the intermediate region between said measuring electrodes, a shield (3) which is arranged around the container (1) and which surrounds the measurement electrodes (21, 22) in a sheath-like manner being provided.