Flexible Electronics News

Evonik Plans to Raise Dividend for 2015 Considerably

Plans to increase the dividend by 15% to 1.15 euros per share.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The Executive Board of Evonik Industries AG resolved – based on the provisional figures for 2015 – that it aims for a dividend for the last fiscal year in the amount of €1.15 per share. That would be an increase of 15% from the previous year’s dividend of €1.00 per share. Contingent upon the approval of the Supervisory Board, a corresponding dividend proposal would be made to the Annual Shareholders’ Meeting on May 18, 2016.   The Executive Board anticipates an adjusted EBITDA of a...

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