High Level of Interest in Schaeffler's Annual General Meeting

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Dividend payout of 55 cents per common non-voting share / High level of interest among 730 participants / Board of Managing Directors explains transformation of the Schaeffler Group / Scheduled election of shareholder representative in the Supervisory Board

The annual general meeting of Schaeffler AG generated a high level of interest. Around 730 shareholders traveled to Nuremberg to attend the meeting in the Frankenhalle. They voted for a dividend of 55 cents per common non-voting share (unchanged from the previous year). In the fourth year following the listing of the company, the dividend payout ratio is around 40% and therefore at the upper end of the target range of 30 to 40 percent of net income attributable to shareholders before special items. A positive... ... More: Official Press Release Schaeffler AG

Keywords:

Schaeffler, general meeting, dividend, payout, 2018, board, managing directors