Andritz: Annual General Meeting Approves Dividend Increase to 1.55 Euros Per Share

Press Wire ♦ Published: March 23, 2018; 12:56 ♦ (Vindobona)

At today's 111th Annual General Meeting of Andritz AG, the shareholders agreed to raise the dividend to 1.55 euros per share for the 2017 business year (2016: 1.50 euros per share).

Andritz: Annual General Meeting Approves Dividend Increase to 1.55 Euros Per Share / Picture: © Vindobona.org

This is equal to a payout ratio of around 60.1% and a dividend yield of approximately 3.2%, respectively, based on the current ANDRITZ share price.

The ex-dividend date is March 27, 2018, and the date of dividend payment is March 29, 2018. All items on the agenda were approved by the shareholders present at the meeting.

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