Ströer SE & Co. KGaA, DE0007493991

Ströer SE & Co. KGaA, DE0007493991

22.03.2019 - 12:26:02

Ströer SE & Co. KGaA: Board of management and supervisory board propose dividend of EUR 2.00 . Increase in dividend payout to between 50% and 75% .

 

Today, the board of management and supervisory board of Ströer SE & Co. KGaA resolved to propose a dividend of EUR 2.00 (prior year: EUR 1.30) to the shareholder meeting to be held on 19 June 2019.

The dividend is due to be accompanied by an adjustment to the dividend policy.

Against the backdrop of an expected, structurally and sustainably growing German out-of-home advertising market and the successful OOH+ strategy, the current payout ratio of between 25% and 50% is set to be increased to between 50% and 75% of adjusted profit.

Contact: Press contact: Marc Sausen Ströer SE & Co. KGaA Director Corporate Communications Ströer-Allee 1 | D-50999 Cologne Telephone: +49 (0)2236 - 96 45-246 Fax: +49 (0)2236 - 96 45-6246 E-Mail: info@stroeer.de IR Contact: Dr. Bernd Metzner Ströer SE & Co. KGaA CFO Ströer-Allee 1 | D-50999 Cologne Phone: +49 (0)2236 / 96 45-118 E-Mail: BMetzner@stroeer.de

22-March-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: Ströer SE & Co. KGaA Ströer Allee 1 50999 Köln

Germany Phone: +49 (0)2236.96 45 0 Fax: +49 (0)2236.96 45 299 E-mail: info@stroeer.com Internet: www.stroeer.de ISIN: DE0007493991 WKN: 749399 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange   End of Announcement DGAP News Service

790677  22-March-2019 CET/CEST

@ dgap.de