KOBLENZ (dpa-AFX) - The software provider Compugroup, which specializes in medical practices and hospitals, is to double its dividend. The general partner of the company, which operates in the legal form of SE & Co. KGaA, has passed a resolution to this effect, the company announced on Tuesday evening. Against the backdrop of the stable financial and earnings situation, the dividend payment is to be increased to a higher level in the long term, it said. The shareholder therefore intends to propose to the Annual General Meeting that this be doubled to EUR 1.00 for the 2023 financial year. Analysts previously only expected EUR 0.60. The Supervisory Board will discuss the dividend increase as soon as the final business figures for 2023 are available, the statement continued.

Investors rejoiced immediately after the announcement. Compugroup shares recently rose by 3 percent on the Tradegate trading platform./he/bek