Schaeffler: doubling of dividend approved

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Dividend of 50 eurocents per common non-voting share / Schaeffler set-up proves resilient / Corporate strategy focuses on sustainability and digitalization

The shareholders of Schaeffler AG approved the dividend proposed by the Board of Managing Directors at today’s annual general meeting of the global automotive and industrial supplier. Up to 410 participants attended the virtual event. The shareholders posed their questions on the current situation and 2021 fiscal year to the Board of Managing Directors. Dividend raised to 50 eurocents per common non-voting share The dividend amounts to 50 eurocents per common non-voting share. The dividend payout ratio was approximately 44 percent, falling within the targeted range of 30 to 50 percent of net... ... More: Official Press Release Schaeffler AG

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