Schaeffler Presents Schaeffler Move in World Premiere

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World premiere Schaeffler Mover / Schaeffler negotiates pact for the future / One Schaeffler, One team, One voice

For the third time, Schaeffler AG held its annual general meeting at Frankenhalle in Nuremberg, and for the third time since the listing, shareholders had the opportunity to vote for a dividend increase. The dividend per common non-voting share was raised from 50 cents in the prior year to 55 cents, an increase of 10 percent. This represents a dividend payout ratio of about 35 percent of consolidated net income, in the middle of the target 30 to 40 percent range communicated earlier. The CEO of Schaeffler AG, Klaus Rosenfeld, reported on the course of the 2017 financial year, briefly outlined the start to the year 2018 and the guidance for the current... ... More: Official Press Release Schaeffler

Keywords:

Schaeffler, general meeting, shareholder, dividend, 2017, financial year