DGAP-Adhoc Pfeiffer Vacuum Technology AG: Pfeiffer Vacuum Technology AG Announces Dividend Proposal
DGAP-Ad-hoc: Pfeiffer Vacuum Technology AG / Key word(s): Dividend
Pfeiffer Vacuum Technology AG Announces Dividend Proposal
Asslar, February 23, 2021. The Management Board of Pfeiffer Vacuum Technology AG ("Pfeiffer Vacuum") decided today to propose a dividend of EUR 1.60 per share to the Supervisory Board and the Annual General Meeting, reflecting a payout ratio of 50.0% of the preliminary consolidated net income for the fiscal year 2020 (previous year: EUR 1.25 dividend; payout ratio 25.5%). The decision to increase the dividend proposal compared to previous year was made against the background of a solid liquidity position of Pfeiffer Vacuum in 2020 and takes into account the reduced dividend in 2020 due to the pandemic related uncertainty. Planned investments will not be impacted by a higher dividend payout.
Pfeiffer Vacuum Technology AG
T +49 6441 802 1360
23-Feb-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
|Company:||Pfeiffer Vacuum Technology AG|
|Berliner Str. 43|
|Phone:||+49 6441 802-0|
|Fax:||+49 6441 802-1365|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1170299|
|End of Announcement||DGAP News Service|
1170299 23-Feb-2021 CET/CEST