Notice of Dividend Amount • Jan 11, 2016
Notice of Dividend Amount
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Ad-hoc | 11 January 2016 08:35
Evonik Industries AG: Executive Board plans to raise the dividend for 2015
Evonik Industries AG / Key word(s): Dividend
11.01.2016 08:35
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Essen, January 11, 2016- The Executive Board of Evonik Industries AG
resolved today - based on the provisional figures for 2015 - that it aims
for a dividend for the last fiscal year in the amount of EUR1.15 per share.
That would be an increase of 15 percent from the previous year's dividend
of EUR1.00 per share. Contingent upon the approval of the Supervisory
Board, a corresponding dividend proposal would be made to the Annual
Shareholders' Meeting on May 18, 2016.
Following an initial overview of past fiscal year 2015, the Executive Board
has come to the conclusion that the targets set for 2015 were clearly
achieved. The Executive Board anticipates an adjusted EBITDA of around
EUR2.4 billion for 2015, with sales of around EUR13.5 billion.
The corresponding increase in the payout continues Evonik Industries AG's
attractive dividend policy, which aims for a payout ratio of around 40
percent of adjusted net income and dividend continuity. Evonik has
increased the dividend by an average of 9 percent per year over the past
six years, positioning it among the most attractive dividend-paying shares.
Evonik will be publishing its results for fiscal year 2015 and the joint
dividend proposal of the Executive Board and Supervisory Board on March 3,
2016.
Contact:
Tim Lange
Head of Investor Relations
+49 201 177-3150
[email protected]
11.01.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Evonik Industries AG
Rellinghauser Straße 1-11
45128 Essen
Germany
Phone: +49 (0) 201 177-01
Fax:
E-mail: [email protected]
Internet: www.evonik.com
ISIN: DE000EVNK013, XS0911405784
WKN: EVNK01, A1TM7T
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Hamburg, Hanover, Munich,
Stuttgart; Luxemburg
End of Announcement DGAP News-Service
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