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Fair Value REIT-AG
Notice of Dividend Amount • Jun 6, 2017
154_rns_2017-06-06_293ac4b7-769c-4136-bce6-5e8dd7f3327e.html
Notice of Dividend Amount
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News Details
Corporate | 6 June 2017 13:30
Fair Value REIT-AG: Annual General Meeting approves dividend for 2016 of EUR0.40 per share
DGAP-News: Fair Value REIT-AG / Key word(s): AGM/EGM/Dividend
06.06.2017 / 13:30
The issuer is solely responsible for the content of this announcement.
Fair Value REIT-AG: Annual General Meeting approves dividend for 2016 of EUR0.40 per share
Graefelfing, 6 June 2017 – The shareholders of Fair Value REIT-AG (WKN A0MW97) passed a resolution at the Annual General Meeting on 2 June 2017 to distribute a dividend of EUR0.40 per participating share for the fiscal year 2016, thus approving the proposal of the Management Board and Supervisory Board. This is equivalent to a distribution totaling EUR5.6 million or 91% of the net income according to German GAAP for 2016 of EUR6.2 million which, according to the REIT law, is decisive for the dividend.
The dividend for 2016 will be paid out on 8 June 2017. This is significantly higher than the dividend of EUR0.25 per share distributed for the fiscal year 2015 and reflects the positive business performance of Fair Value REIT-AG in 2016.
The Annual General Meeting accepted all points on the agenda with a clear majority of votes cast. The voting results can be viewed on the homepage of Fair Value REIT-AG at www.fvreit.de .
Contact
Fair Value REIT-AG
Tel.: + 49 (0)89 92 92 8 15-13
Fax.: + 49 (0)89 -92 92 8 15-15
E-Mail: [email protected]
Company profile
Fair Value REIT-AG, with its registered offices in Gräfelfing in the Munich district, concentrates its activities on acquiring, leasing, holding portfolios in and selling commercial property in Germany. The primary focus of investing activities is currently placed on retail and office properties in regional centres in Germany.
06.06.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | Fair Value REIT-AG |
| Würmstraße 13a | |
| 82166 Gräfelfing | |
| Germany | |
| Phone: | +49 (0)89 9292 815-1 |
| Fax: | +49 (0)89 9292 815-15 |
| E-mail: | [email protected] |
| Internet: | www.fvreit.de |
| ISIN: | DE000A0MW975 |
| WKN: | A0MW97 |
| Indices: | RX REIT All Share Index, RX REIT Index |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
| End of News | DGAP News Service |