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Pfeiffer Vacuum Technology AG: Pfeiffer Vacuum Technology AG Announces Dividend Proposal

·2-min read

Pfeiffer Vacuum Technology AG / Key word(s): Dividend
Pfeiffer Vacuum Technology AG: Pfeiffer Vacuum Technology AG Announces Dividend Proposal

23-Feb-2021 / 08:52 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Ad-hoc Release

Disclosure of an inside information according to Article 17 of Regulation (EU) No 596/2014

Pfeiffer Vacuum Technology AG Announces Dividend Proposal

Asslar, February 23, 2021.
The Management Board of Pfeiffer Vacuum Technology AG ("Pfeiffer Vacuum") decided today to propose a dividend of EUR 1.60 per share to the Supervisory Board and the Annual General Meeting, reflecting a payout ratio of 50.0% of the preliminary consolidated net income for the fiscal year 2020 (previous year: EUR 1.25 dividend; payout ratio 25.5%). The decision to increase the dividend proposal compared to previous year was made against the background of a solid liquidity position of Pfeiffer Vacuum in 2020 and takes into account the reduced dividend in 2020 due to the pandemic related uncertainty. Planned investments will not be impacted by a higher dividend payout.

 

Contact:
Pfeiffer Vacuum Technology AG

Investor Relations
Heide Erickson
T +49 6441 802 1360
Heide.Erickson@pfeiffer-vacuum.de

23-Feb-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

Pfeiffer Vacuum Technology AG

Berliner Str. 43

35614 Asslar

Germany

Phone:

+49 6441 802-0

Fax:

+49 6441 802-1365

E-mail:

info@pfeiffer-vacuum.de

Internet:

www.pfeiffer-vacuum.de

ISIN:

DE0006916604

WKN:

691660

Indices:

SDAX, TecDAX

Listed:

Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1170299


 

End of Announcement

DGAP News Service

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