Wacker Neuson SE: Executive Board and Supervisory Board of Wacker Neuson SE propose a special dividend payout
Wacker Neuson SE / Key word(s): Dividend
(Munich, March 11, 2019) The Executive Board and the Supervisory Board of Wacker Neuson SE, Munich, Germany, have today decided to propose the following at the Annual General Meeting on May 29, 2019 for the appropriation of the profit realized in fiscal 2018. In addition to a dividend of EUR 0.60 per share (previous year: EUR 0.60), the two Boards will propose a special dividend payout of EUR 0.50 per share. Subject to the approval of the Annual General Meeting, this corresponds to a total payout of EUR 1.10 per share. Based on 70,140,000 eligible shares, the planned payout amounts to around EUR 77.2 million.
The proposal by the Executive Board and the Supervisory Board will give shareholders a stake in the success of the Group's operational business over fiscal 2018 and in the one-off proceeds from the sale of a real-estate company held by the Group. This real-estate company had developed a former industrial property in Munich-Milbertshofen, which was no longer required following the construction of a new R&D center at the Reichertshofen site. The sale generated profit after tax of EUR 45.8 million for the Group in the second quarter of 2018.
The Group will publish its full Annual Report for 2018 on March 14, 2019.
|Company:||Wacker Neuson SE|
|Phone:||+49 - (0)89 - 354 02 - 0|
|Fax:||+49 (0)89 354 02 - 298|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange|
|End of Announcement||DGAP News Service|