DGAP-Adhoc: Ströer SE & Co. KGaA: Board of management and supervisory board propose dividend of EUR 2.00 (prior year: EUR 1.30). Increase in dividend payout to between 50% and 75% (previously 25% to 50%).

2019. március 22., péntek, 12:23





DGAP-Ad-hoc: Ströer SE & Co. KGaA / Key word(s): Dividend


Ströer SE & Co. KGaA: Board of management and supervisory board propose dividend of EUR 2.00 (prior year: EUR 1.30). Increase in dividend payout to between 50% and 75% (previously 25% to 50%).


22-March-2019 / 12:23 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.




 



Today, the board of management and supervisory board of Ströer SE & Co. KGaA resolved to propose a dividend of EUR 2.00 (prior year: EUR 1.30) to the shareholder meeting to be held on 19 June 2019.



The dividend is due to be accompanied by an adjustment to the dividend policy.



Against the backdrop of an expected, structurally and sustainably growing German out-of-home advertising market and the successful OOH+ strategy, the current payout ratio of between 25% and 50% is set to be increased to between 50% and 75% of adjusted profit.






Contact:

Press contact:

Marc Sausen

Ströer SE & Co. KGaA

Director Corporate Communications

Ströer-Allee 1 | D-50999 Cologne

Telephone: +49 (0)2236 - 96 45-246

Fax: +49 (0)2236 - 96 45-6246

E-Mail: info@stroeer.de


IR Contact:

Dr. Bernd Metzner

Ströer SE & Co. KGaA

CFO

Ströer-Allee 1 | D-50999 Cologne

Phone: +49 (0)2236 / 96 45-118

E-Mail: BMetzner@stroeer.de








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Language: English
Company: Ströer SE & Co. KGaA

Ströer Allee 1

50999 Köln

Germany
Phone: +49 (0)2236.96 45 0
Fax: +49 (0)2236.96 45 299
E-mail: info@stroeer.com
Internet: www.stroeer.de
ISIN: DE0007493991
WKN: 749399
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange





 
End of Announcement DGAP News Service




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