R. STAHL AG / Dividend / Ad hoc: R. STAHL proposes dividend increase from € 0.70 to € 1.00 per share . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.
Waldenburg, 09 April 2013 - The Board of Directors and Management of R. STAHL AG today decided to propose a dividend payment of € 1.00 per share at the Company's upcoming annual general meeting for financial year 2012, to be held on 17 May, 2013 in Neuenstein, Germany.
Depending on approval by shareholders at the meeting, and based on the number of shares eligible to receive dividends, the total payment will be approximately € 5.9 million. This represents a payout ratio of 42%, based on declared net profits of € 13,940,840.10. Compared to last year's dividend payment of € 0.70 per share, the proposed dividend represents a 43% increase, as management intends for shareholders to participate in the growing profitability of the Company.
For more information:
R. STAHL AG
Am Bahnhof 30, 74638 Waldenburg (Württ.)
Germany
Bernd Marx (CFO)
Tel: + 49 7942 943-1271, e-mail: investornews@stahl.de
Frank Schwarz (Investor Relations)
Tel: + 49 611 1745-39 811, e-mail: frank.schwarz@stahl.de
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: R. STAHL AG via Thomson Reuters ONE
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R. STAHL AG
Am Bahnhof 30 Waldenburg Germany
WKN: A1PHBB;ISIN: DE000A1PHBB5;
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