News

03/22/2019

DGAP-Ad-hoc: Ströer SE & Co. KGaA: Board of management and supervisory board propose dividend of EUR 2.00 (prior year: EUR 1.30). Increase in dividend payout to between 50% and 75% (previously 25% to 50%).

Ströer SE & Co. KGaA / Key word(s): Dividend
Ströer SE & Co. KGaA: Board of management and supervisory board propose dividend of EUR 2.00 (prior year: EUR 1.30). Increase in dividend payout to between 50% and 75% (previously 25% to 50%).

22-March-2019 / 12:23 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


 

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



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