logo
Share SHARE
FONT-SIZE Plus   Neg

ElringKlinger To Distribute Addl. Special Bonus For 2011 - Quick Facts

ElringKlinger AG (EGKLF.PK) said it will be distributing an additional special bonus for the financial year 2011.

As a result of a one-time gain from the sale of the Ludwigsburg industrial park in August 2011, net income for the ElringKlinger Group as a whole was boosted by an additional 16.5 million euros in 2011, having accounted for deferred taxes. Beyond the proposed regular dividend of 0.40 euros per share for the financial year 2011, shareholders are also to benefit from the aforementioned one-time gain. This is to be implemented in the form of an additional special bonus of 0.18 euros per share.

On this basis, the Management Board and the Supervisory Board will propose to the Annual General Meeting resolving on the 2011 financial year a total dividend of 0.58 euros per share, which represents a year-over-year increase of 65.7%.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Walmart Stores Inc. announced Monday the expansion of its online grocery delivery service to two more markets, Dallas and Orlando. The deliveries will be made through a partnership with Uber. Volkswagen AG's all electric Microbus might be available in market by 2022. As per the plan it would be available first in California. Microsoft Corp. has unveiled a new Minecraft limited edition version of the Xbox One S console during its Gamescom press conference in Germany. The pixelated device comes with 1TB of storage. It includes a custom designed grass block console, Xbox Wireless Controller - Minecraft Creeper, Minecraft system sounds, vertical stand and transparent underside with Redstone circuit accents.
comments powered by Disqus
Follow RTT