DGAP-Adhoc: CEWE Stiftung & Co. KGaA: Dividend is to be increased to 1.85 euros

2018. március 07., szerda, 10:08





DGAP-Ad-hoc: CEWE Stiftung & Co. KGaA / Key word(s): Dividend


CEWE Stiftung & Co. KGaA: Dividend is to be increased to 1.85 euros


07-March-2018 / 10:08 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 1.85 euros


Oldenburg, 7 March 2018. 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 2017 business year, to raise the dividend to 1.85 euros per share entitled to a dividend (dividend for the 2016 business year: 1.80 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 15 March 2018 and of the shareholders at the Annual General Meeting on 6 June 2018, the proposed dividend of 1.85 euros a share is equivalent to a dividend yield of 2.1 % on the basis of the share price at the end of 2017. This is the ninth dividend increase in succession.



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











07-March-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: CEWE Stiftung & Co. KGaA

Meerweg 30-32

26133 Oldenburg

Germany
Phone: +49 (0)441 40 4-1
Fax: +49 (0)441 40 4-42 1
E-mail: IR@cewe.de
Internet: www.cewe.de
ISIN: DE0005403901
WKN: 540390
Indices: SDAX
Listed: Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange





 
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661229  07-March-2018 CET/CEST







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