Lenzing AG - Dividend Remains Constant, Special Dividend Higher

IndustrialsOther Industrials ♦ Published: February 26, 2018; 08:47 ♦ (Vindobona)

The Management Board of Lenzing AG has resolved to propose distribution of an unchanged basic and higher special dividend for 2017 financial year on the basis of its preliminary business results which have not yet been subject to a final audit. The dividend of EUR 3.00 per share is planned to remain constant, whereas the special dividend should be increased from EUR 1.20 to EUR 2.00 per share due to Lenzing's performance in the 2017 financial year.

Lenzing: Higher special dividend for 2017 / Picture: © Lenzing

Dividend of EUR 3.00 per share is planned to remain constant / Special dividend should be raised to EUR 2.00 per share

The rise in the special dividend reflects the positive development of all key economic performance indicators of the company. The final indicators and the outlook of Lenzing AG for the current financial year will be announced on March 14,…

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