CEWE Stiftung & Co. KGaA: Dividend is to be increased to 1.85 euros
March 07, 2018 at 04:15 am EST
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DGAP-Ad-hoc: CEWE Stiftung & Co. KGaA / Key word(s): Dividend
CEWE Stiftung & Co. KGaA: Dividend is to be increased to 1.85 euros
07-March-2018 / 10:08 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.
CEWE Stiftung & Co. KGaA: Dividend is to be increased to 1.85 euros
Oldenburg, 7 March 2018. The Board of Management of CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE0005403901) resolved in its meeting of today to propose to the Supervisory Board, on the basis of the preliminary unaudited figures for the 2017 business year, to raise the dividend to 1.85 euros per share entitled to a dividend (dividend for the 2016 business year: 1.80 euros).
Subsequent to the adoption of the audited accounts, a proposal for the appropriation of distributable profits shall be submitted to the Annual General Meeting for a resolution to be taken on the appropriation of net retained profits. Subject to the approval of the Supervisory Board in its meeting on the financial statements on 15 March 2018 and of the shareholders at the Annual General Meeting on 6 June 2018, the proposed dividend of 1.85 euros a share is equivalent to a dividend yield of 2.1 % on the basis of the share price at the end of 2017. This is the ninth dividend increase in succession.
Notifying party: Axel Weber, Head of Investor Relations, Planning & Reporting
Should you have any queries, please contact:
CEWE Stiftung & Co. KGaA
Axel Weber
Tel.: 0441 / 404 - 2288, Fax: 0441 / 404 - 421
eMail: IR@cewe.de
07-March-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
CEWE Stiftung & Co. KGaA
Meerweg 30-32
26133 Oldenburg
Germany
Phone:
+49 (0)441 40 4-1
Fax:
+49 (0)441 40 4-42 1
E-mail:
IR@cewe.de
Internet:
www.cewe.de
ISIN:
DE0005403901
WKN:
540390
Indices:
SDAX
Listed:
Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
Cewe Stiftung & Co KGaA is a Germany-based company engaged in the photo processing services. The Company provides photofinishing and online print services. Cewe Stiftung & Co KGaA supplies both the over-the-counter trade and the Internet trade with photos and digital products. The Companyâs activities are divided into three segments. The Photofinishing unit produces and sells photo products. The Proprietary Retail unit trades photo hardware and photo products to end consumers through various brands, such as Fotojoker, Fotolab and Japan Photo, among others. The Online Printing unit operates though online printing portals, such as www.cewe-print.de and others. In addition, the Company sells its own products and photographic hardware, such as cameras. It owns production plants in Poland, Germany and France, among others, as well as distribution branches in Norway, Sweden and Belgium, among others.
CEWE STIFTUNG & CO. KGAA 
