EQS-Adhoc: Stabilus SE: Management Board proposes dividend of €1.75 per share for fiscal year 2022
EQS-Ad-hoc: Stabilus SE / Key word(s): Dividend
Stabilus SE: Management Board proposes dividend of €1.75 per share for fiscal year 2022
01-Dec-2022 / 18:22 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Stabilus SE: Management Board proposes dividend of €1.75 per share for fiscal year 2022
Koblenz, December 1, 2022 – The Management Board of Stabilus SE (WKN: STAB1L, ISIN: DE000STAB1L8) today resolved to propose to the Supervisory Board the distribution of a dividend for fiscal year 2022 (October 1, 2021 – September 30, 2022) in the amount of €1.75 per share (dividend paid for FY2021: €1.25 per share). The proposed dividend for FY2022 would thus be considerably higher than the current market expectation.
Subject to approval by the Supervisory Board at its annual accounts meeting on December 8, 2022 and by the shareholders at the Annual General Meeting on February 15, 2022, the total dividend payout would amount to €43.2 million (prior year: €30.9 million). In relation to the consolidated net income attributable to shareholders, the pay-out ratio would be approximately 42%, above the Stabilus SE’s targeted payout ratio of 20% to 40% of consolidated net income.
# End of ad hoc announcement #
Investor contact:
Andreas Schröder
VP Investor Relations and External Communication
Tel.: +49 261 8900 8198
E-Mail: anschroeder@stabilus.com
Press contact:
Peter Steiner
Tel.: +49 69 794090 27
E-Mail: stabilus@charlesbarker.de
Charles Barker Corporate Communications
01-Dec-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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