- Eder: “voestalpine focuses on continuity even in terms of dividends”
- Heinrich Schaller succeeds Ludwig Scharinger on the Supervisory Board
Relative to the earnings per share of EUR 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 average voestalpine share price of EUR 27.78 in the 2011/12 business year, this corresponds to a dividend yield of 2.9% (previous year: 2.8%). The dividend is scheduled for payment as of July 16.
Wolfgang Eder, Chairman of the Management Board and CEO of voestalpine AG, emphasized the “consistent dividend policy” of the company, which has paid out more than EUR 1.7 billion in dividends to owners since its IPO in 1995. Against this background, keeping the dividend at last year’s level despite lower earnings has to be regarded as a