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09.04.2013 16:51:31
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PRESS RELEASE: Thomson Reuters ONE Ad-hoc/R. STAHL proposes dividend increase from EUR 0.70 to EUR 1.00 per share
R. STAHL AG / Dividend / Ad hoc: R. STAHL proposes dividend increase from EUR 0.70 to EUR 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 EUR 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 EUR 5.9 million. This represents a payout ratio of 42%, based on declared net profits of EUR 13,940,840.10. Compared to last year's dividend payment of EUR 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
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. 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 [HUG#1691662]
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R. STAHL AG Am Bahnhof 30 Waldenburg Germany
WKN: A1PHBB;ISIN: DE000A1PHBB5; Listed: Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr in Börse Berlin, Freiverkehr in Börse Düsseldorf, Freiverkehr in Bayerische Börse München, Prime Standard in Frankfurter Wertpapierbörse, Regulierter Markt in Frankfurter Wertpapierbörse, Regulierter Markt in Börse Stuttgart;
http://www.stahl.de (END) Dow Jones Newswires
April 09, 2013 10:21 ET (14:21 GMT)- - 10 21 AM EDT 04-09-13
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