DGAP-News: Aareal Bank AG / Key word(s): AGM/EGM/Dividend
Annual General Meeting of Aareal Bank AG approves increase of dividend per share to EUR 2.00 for the 2016 financial year
Wiesbaden, 31 May 2017 - At today's Annual General Meeting, the shareholders of Aareal Bank AG approved the distribution of a dividend of EUR 2.00 per share for the 2016 financial year. In comparison to the previous year (2016: EUR 1.65 per share), this equates to an increase of 21.2 per cent. The payout ratio is 60 per cent, and thus fully in line with the corporation's communicated dividend policy. The corresponding resolution proposed by the Management Board and the Supervisory Board was adopted by 99.99 per cent of the shareholders. Shareholders also adopted the other proposed resolutions with a large majority.
"We achieved our objectives for the 2016 financial year, even exceeding some of them. Thanks to our operating profitability and robust capital base, we are not only well-prepared for regulatory contingencies. We are also in a position to exploit market opportunities in both our segments, from a position of strength, making significant investments for the future", said Chairman of the Management Board Hermann J. Merkens at the Annual General Meeting.
Aareal Bank Group
Aareal Bank AG
Phone: +49 611 348 2306
Phone: +49 611 348 2280
Phone: +49 611 348 3217
Phone: +49 611 348 2923
Document title: 20170531_Press_Release.pdf
31.05.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||Aareal Bank AG|
|Phone:||+49 (0)611 348 - 0|
|Fax:||+49 (0)611 348 - 2332|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Stockholm|
|End of News||DGAP News Service|