Dividend

STRABAG places great value on a constant dividend policy. The management board is staying with its goal of paying out 30% to 50% of the net income after minorities to the shareholders in the form of a dividend once a year. The exact payout ratio will be determined by the general development of the business as well as by the group’s opportunities for growth.

In accordance with this goal, the management board of STRABAG SE thus had proposed to the Annual General Meeting (AGM) of 18 June 2010 a dividend of € 57.0 million or € 0.50 per share for the 2009 financial year, which was approved by the AGM. This corresponds to a dividend payout ratio of 35% and, based on the share price of € 20.70 at the end of December 2009, a dividend yield of 2.4%. The ex-dividend date has been set for 25 June 2010, the dividend payment date for 28 June 2010.
Published on website: 04.05.2010 - Last update: 6.9.10 11:15:26