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Deutsche EuroShop has set out its dividend policy up to 2016

Deutsche EuroShop AG / Key word(s): Dividend

27.11.2013 / 13:07

Deutsche EuroShop has set out its dividend policy up to 2016

Hamburg, 27 November 2013 - 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 EUR1.20 to EUR1.25 per share for the business year 2013 at the upcoming Annual General Meeting.

Furthermore, the company also intends to raise the dividend by EUR0.05 per share in each of the financial years from 2014 to 2016, so that the dividend would reach EUR1.40 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.

Deutsche EuroShop - The shopping center company

Deutsche EuroShop is the only public company in Germany to invest solely in shopping centers in prime locations. The MDAX-listed company currently has investments in 19 shopping centers in Germany, Austria, Poland and Hungary. The portfolio includes the Main-Taunus-Zentrum near Frankfurt, the Altmarkt-Galerie in Dresden and the Galeria Baltycka in Gdansk, among many others.

Deutsche EuroShop AG
Investor & Public Relations
Patrick Kiss
Heegbarg 36
22391 Hamburg
Tel. +49-(0)40-413579-20
Fax +49-(0)40-413579-29


ISIN: DE 000 748020 4

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