15.03.2018 18:07:41
|
DGAP-News: Software AG
DGAP-News: Software AG / Key word(s): Dividend Software AG intends to pay record dividend - Dividend set to increase to EUR0.65 (PY: EUR0.60) per share - Total payout more than EUR48.0 million Darmstadt, Germany, March 15, 2018 - Software AG's (TecDAX, ISIN DE000A2GS401 / SOW) Management Board and Supervisory Board will propose once again a dividend increase to the Annual General Meeting on May 30, 2018, reaching a record high with a dividend proposal of EUR0.65 per share (PY: EUR0.60) for fiscal 2017. After several dividend increases over the past years, Software AG's Management and Supervisory Board have decided today to increase the dividend proposal for fiscal 2017 again. A record dividend in the amount of EUR0.65 per share (PY: EUR0.60) will be proposed to the Annual General Meeting which will take place in Darmstadt, Germany on May 30, 2018. Based on the current approximate 74.0 million shares (PY: 76.1 million) entitled to a dividend payment, the total payout would increase to EUR48.1 million (PY: EUR45.6 million). The payout ratio as measured by the average from net income and free cash flow would increase significantly to 32 percent (PY: 28%). Software AG consistently generates high free cash flow results which are either used for financing growth by acquisitions or distributed to shareholders by means of dividends or share buy-back programs. Software AG' shareholders highly participate in the successful development of the company. Through the proposed again higher dividend payment, Software AG's Management signals a strong commitment to the value oriented shareholder policy. Contact:
15.03.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Software AG |
Uhlandstraße 12 | |
64297 Darmstadt | |
Germany | |
Phone: | +49 (0)6151 92-1900 |
Fax: | +49 (0)6151 92-34 1899 |
E-mail: | Investor.Relations@softwareag.com |
Internet: | www.softwareag.com |
ISIN: | DE000A2GS401 |
WKN: | A2GS40 |
Indices: | TecDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |
|
664779 15.03.2018
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Software AGmehr Nachrichten
Keine Nachrichten verfügbar. |
Analysen zu Software AGmehr Analysen
25.07.23 | Software Neutral | UBS AG | |
25.07.23 | Software Reduce | Baader Bank | |
24.07.23 | Software Neutral | UBS AG | |
24.07.23 | Software Hold | Warburg Research | |
24.07.23 | Software Reduce | Baader Bank |