Henkel to raise dividend payout ratio

《Henkel to raise dividend payout ratio》:

The Management Board of Henkel AG & Co. KGaA has decided in its meeting to propose a future dividend payout ratio of between 25 and 35 percent of net income after non-controlling interests and adjusted for exceptional items, depending on Henkel’s asset and profit positions as well as its financial requirements.

 

Up to now the dividend payout ratio was at around 25 percent. For the fiscal year 2013, a dividend payout ratio of around 30 percent will be proposed to shareholders at the company’s Annual General Meeting on April 4, 2014. Management Board resolution is subject to approval from the Supervisory Board and the Shareholders’ Committee.

“In recent years we have continuously strengthened Henkel’s financial position and profitability. We want our shareholders to benefit from our improved performance,” CEO Kasper Rorsted said.

“Our significantly increased profitability and financial strength allow us to increase the dividend payout ratio without impacting our strategic flexibility and our conservative financial strategy,” Rorsted said.

Henkel will publish its results for the fiscal year 2013 on February 20, 2014.

Since its initial public offering in 1985 Henkel has always paid a dividend and has continually raised it or at least kept it on prior-year level.

回复

你必须 登录 才能发表评论.
链接