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
Gambling resorts operator Wynn Resorts Ltd. (WYNN), has again postponed the opening of its Wynn Palace casino resort in Macau to August. The opening of the $4 billion hotel project in Macau, the gambling hub in China, was initially planned on March 25, but was later dropped due to construction delays.... PepsiCo Inc., (PEP) Monday confirmed that it would bring back the Diet Pepsi with aspartame in the US stores in September, one of the latest efforts by the beverage giant to boost its slowing sales. The company said it would continue to sell sucralose-sweetened Diet Pepsi, which was launched last... Burger giant Wendy's Co. (WEN) Monday announced its entry in to the Brazilian market through a joint venture with affiliates of Sao Paolo-based Infinity Services and Starboard, one of Wendy's largest U.S. franchisees and a subsidiary of the fast-food company. Wendy's Brazil plans to hold the grand...
comments powered by Disqus
Follow RTT