BERLIN (dpa-AFX) - German drug maker Merck KGaA (MKGAY.PK) said that, at the Annual General Meeting, its shareholders approved a dividend increase of 5 cents or 5.3% to 1.00 euros per share.
The dividend payment takes into account the 1:2 share split in 2014, corresponding to a payout ratio of around 22% based on earnings per share pre one-time items.
The shareholders also approved the actions of the members of the Executive Board and of the Supervisory Board for fiscal 2014 by a significant majority and approved all of the resolutions.
Copyright RTT News/dpa-AFX