FRANKFURT (dpa-AFX) - The prospect of a doubled dividend is a glimmer of hope for long-suffering Compugroup investors on Wednesday. In the morning, the software provider's share price rose by 2.3 percent, recovering from the lowest level since 2015, to which the shares had fallen the previous day. Compugroup specializes in the healthcare sector.

The doubling of the dividend to 1.00 euro was announced the previous evening after the close of trading. The Supervisory Board will deal with the dividend increase as soon as the final business figures for 2023 are available, it said. Analysts had not previously expected such a high payment, as the consensus had only anticipated 60 cents.

In an initial commentary, one trader agreed with Compugroup's signals that the dividend level is likely to remain sustainably high. A second Borsianer said that the extent of the increase was surprising in view of the company's recent disappointing figures. This should help the shares, as the dividend yield will increase to around 2.6 percent./tih/jha/