Deutsche Euroshop Newsroom

Corporate News

27.11.2013

Deutsche EuroShop has set out its dividend policy up to 2016

The Executive Board and the Supervisory Board of the shopping center investor Deutsche EuroShop AG have decided in view of the current successful business year to propose a dividend increase from €1.20 to €1.25 per share for the business year 2013 at the upcoming Annual General Meeting.

 

Furthermore, the company also intends to raise the dividend by €0.05 per share in each of the financial years from 2014 to 2016, so that the dividend would reach €1.40 per share by financial year 2016. This would correspond with an absolute increase of 16.6% by 2016 and an average annual increase of 3.9%.

 

“The aim of this measure is to respond to frequent requests for a long-term, plannable dividend policy,” said Claus-Matthias Böge, CEO, in explanation of the new distribution policy.

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