27.11.2013
Deutsche EuroShop AG DE0007480204
DGAP-News: Deutsche EuroShop has set out its dividend policy up to 2016
DGAP-News: Deutsche EuroShop AG / Key word(s): Dividend
Deutsche EuroShop has set out its dividend policy up to 2016
27.11.2013 / 13:07
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Deutsche EuroShop has set out its dividend policy up to 2016
Hamburg, 27 November 2013 - The Executive Board and the Supervisory Board
of the shopping center investor Deutsche EuroShop AG have decided in view
of the current successful business year to propose a dividend increase from
EUR1.20 to EUR1.25 per share for the business year 2013 at the upcoming
Annual General Meeting.
Furthermore, the company also intends to raise the dividend by EUR0.05 per
share in each of the financial years from 2014 to 2016, so that the
dividend would reach EUR1.40 per share by financial year 2016. This would
correspond with an absolute increase of 16.6% by 2016 and an average annual
increase of 3.9%.
'The aim of this measure is to respond to frequent requests for a
long-term, plannable dividend policy,' said Claus-Matthias Böge, CEO, in
explanation of the new distribution policy.
Deutsche EuroShop - The shopping center company
Deutsche EuroShop is the only public company in Germany to invest solely in
shopping centers in prime locations. The MDAX-listed company currently has
investments in 19 shopping centers in Germany, Austria, Poland and Hungary.
The portfolio includes the Main-Taunus-Zentrum near Frankfurt, the
Altmarkt-Galerie in Dresden and the Galeria Baltycka in Gdansk, among many
others.
Contact: Deutsche EuroShop AG E-Mail: [email protected] Investor & Public Relations http://www.deutsche-euroshop.com Patrick Kiss Heegbarg 36 http://www.facebook.com/euroshop 22391 Hamburg http://www.slideshare.net/desag http://www.twitter.com/des_ag Tel. +49-(0)40-413579-20 Fax +49-(0)40-413579-29 ISIN: DE 000 748020 4End of Corporate News --------------------------------------------------------------------- 27.11.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's 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: Deutsche EuroShop AG Heegbarg 36 22391 Hamburg Germany Phone: +49 (0)40 413 579-0 Fax: +49 (0)40 413 579-29 E-mail: [email protected] Internet: www.deutsche-euroshop.de ISIN: DE0007480204 WKN: 748020 Indices: MDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 241915 27.11.2013
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