DGAP-Ad-hoc: CEWE Stiftung & Co. KGaA / Key word(s): Dividend
CEWE Stiftung & Co. KGaA: Dividend is to be increased to 1.95 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:
11-Feb-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|Company:||CEWE Stiftung & Co. KGaA|
|Phone:||+49 (0)441 40 4-1|
|Fax:||+49 (0)441 40 4-42 1|
|Listed:||Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange|
|End of Announcement||DGAP News Service|
774711 11-Feb-2019 CET/CEST