Kws Saat Se Appoints Felix Büchting as A Full Member of the Executive Board; Proposes Dividend for the Fiscal Year 2017/2018; Capital Spending in Fiscal 2018/2019 to Focus on Expansion of Processing, Production and Research Capacities
KWS' Executive and Supervisory Boards will propose a dividend of EUR 3.20 for fiscal year 2017/2018 to the Annual Shareholders' Meeting on December 14, 2018. EUR 21.1 million would thus be distributed to KWS SAAT SE's shareholders. That would correspond to a dividend payout ratio of 21.2%, once again in line with the KWS Group's earnings-oriented policy of paying a dividend of 20% to 25% of its net income.
Capital spending in fiscal 2018/2019 will again focus on expansion of processing, production and research capacities and, as far as can be seen at present, will exceed EUR 100 million.