Rising Dividend at Andritz

Businessn.a. ♦ Published: March 22, 2012; 21:19 ♦ (Vindobona)

The annual general meeting approves substantial dividend increase and split of shares at the Austrian technology group.

Rising Dividend at Andritz / Picture: © Andritz

Today´s 105th Annual General Meeting of Shareholders of Andritz AG agreed to a dividend payment of € 2.20 per share for the 2011 business year, which is an increase of 29% compared to the dividend for the 2010 business year (€ 1.70 per share). Ex-dividend date is March 26, 2012, the date of dividend payment March 28, 2012.

The Annual General Meeting also agreed to split the…