MTU Aero Engines intends to raise dividend to €1.45

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By TESTCustomwebLP TESTCustomwebLP March 5, 2015 16:47

MTU Aero Engines intends to raise dividend to €1.45

MTU Aero Engines will propose to the Annual General Meeting that the dividend be increased to €1.45 per share in light of record annual results. This represents an increase of 10 euro cents or 7.4% compared with the previous year.

“In keeping with MTU’s earnings-driven dividend policy, which is based on continuity, we are offering our shareholders an attractive level of dividend payment once again this year,” says Klaus Eberhardt, chairman of the Supervisory Board.

CEO Reiner Winkler adds: “The higher dividend is our way of thanking our shareholders for their trust, which gives us the motivation to continue expanding MTU’s market position and creating sustainable value for the company.”

The Annual General Meeting of MTU Aero Engines AG will take place in Munich on April 15, 2015. After the corresponding resolution has been passed by the Annual General Meeting, the dividend will be paid out to shareholders on April 16, 2015.

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By TESTCustomwebLP TESTCustomwebLP March 5, 2015 16:47