Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

KHD Humboldt To Propose Dividend Payment Of EUR 0.12 Per Non-par-value Shr

6/15/2012 6:00 AM ET

KHD Humboldt Wedag International AG (KHDHF.PK) said its Management Board and the Supervisory Board decided to propose a dividend payment of 0.12 euros per non-par-value share entitled to a dividend, at the Annual General Meeting. The total dividend payout amounts to 5.94 million euros.

In the December 31, 2011 financial statements the Management Board and the Supervisory Board had noted that they would make a proposal at the Annual General Meeting 2012 to carry forward the net retained profit.

The invitation and the agenda of the Annual General Meeting, which will be held on July 27, 2012, will be published on June 19, 2012.

Click here to receive FREE breaking news email alerts for KHD Humboldt Wedag International Ltd. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
China's manufacturing activity contracted at a faster pace in June, reducing the prospects of a promising economic recovery, preliminary results of a survey by Markit Economics and HSBC revealed Thursday. The flash manufacturing purchasing managers' index fell to 48.3 in June from 49.2 in May. The index is now at its lowest level in nine months. Bank of England Governor Mervyn King made a last but strong call for expanding stimulus for the British economy in his final Mansion House speech on Wednesday even as he left some "unfinished business" in the banking sector for the next chief Mark Carney to complete. King will step down by end-June after ten years at the helm. Carney will assume office from July 1. Red Hat Inc., the world's largest seller of Linux software, said Wednesday after the markets closed that its first quarter profit rose 8% from last year, as revenue increased 15% amid strong consumer demand. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly revenue.
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.