CEWE Stiftung & Co. KGaA: Dividend is to be increased to 1.95 euros

World News: . []

CEWE Stiftung & Co. KGaA / Key word(s): Dividend
CEWE Stiftung & Co. KGaA: Dividend is to be increased to 1.95 euros

11-Feb-2019 / 18:34 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


CEWE Stiftung & Co. KGaA: Dividend is to be increased to 1.95 euros


Oldenburg, 11 February 2019. The Board of Management of CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE0005403901) resolved in its meeting of today to propose to the Supervisory Board, on the basis of the preliminary unaudited figures for the 2018 business year, to raise the dividend to 1.95 euros per share entitled to a dividend (dividend for the 2017 business year: 1.85 euros).

Subsequent to the adoption of the audited accounts, a proposal for the appropriation of distributable profits shall be submitted to the Annual General Meeting for a resolution to be taken on the appropriation of net retained profits. Subject to the approval of the Supervisory Board in its meeting on the financial statements on 21 March 2019 and of the shareholders at the Annual General Meeting on 5 June 2019, the proposed dividend of 1.95 euros a share is equivalent to a dividend yield of 3.1% on the basis of the share price at the end of 2018 of 62.10 euros. This is the tenth dividend increase in succession and at the same time the highest dividend in the company's history.

Notifying party: Axel Weber, Head of Investor Relations, Planning & Reporting

Should you have any queries, please contact:
CEWE Stiftung & Co. KGaA

Axel Weber
Tel.: 0441 / 404 - 2288, Fax: 0441 / 404 - 421
eMail: IR@cewe.de


11-Feb-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

Read More: http://www.dgap.de/dgap/News/?eqsNewsID=1753153

Published: .

Search for other references to "cewe" on SPi News


Share

Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
 
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 0751938.
 
Privacy Policy | Terms and Conditions | Contact Us