Dividend at voestalpine Unchanged

Businessn.a. ♦ Published: July 5, 2012; 10:36 ♦ (Vindobona)

CEO Wolfgang Eder: “voestalpine focuses on continuity even in terms of dividends”. Heinrich Schaller succeeds Ludwig Scharinger on the Supervisory Board.

Dividend at voestalpine Unchanged / Picture: © Voestalpine AG

At the 20th Annual General Meeting of voestalpine AG, a dividend of € 0.80 per dividend-bearing share was approved. Compared to the previous year, the dividend remained unchanged despite the decline in results. Relative to the earnings per share of € 1.98, this dividend represents a payout ratio of 40.5% and thus a substantial increase over last year’s value of 26.3%. With an…