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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 proposed to the Annual General Meeting (AGM) of 19 June 2009 a dividend of € 62.7 million or € 0.55 per share for the 2008 financial year, which was approved by the AGM. This corresponds to a dividend payout ratio of 40 % and, based on the share price of € 16.20 at the end of December 2008, a dividend yield of 3 %. The ex-dividend date has been set for 26 June 2009, the dividend payment date for 29 June 2009.
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