Proposed dividend again above the strategic payout ratio
The Executive Board and Supervisory Board intend to propose to the Annual General Meeting on 6 May 2015 that a dividend of EUR 3.00 plus a special dividend of EUR 1.25 per share should be distributed. At around 52%, the proposed distribution thus surpasses the strategically planned payout ratio of 35% to 40% of Group net income after tax for the fourth year in succession. Based on the year-end closing price of EUR 74.97, this produces a dividend yield of 5.7%.
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