logo
Plus   Neg
Share
Email

Vonovia Says 40.9% Of Its Shareholders Select Scrip Dividend

Vonovia (DAIMF) again offered to its shareholders a scrip dividend as an alternative option to the standard cash dividend.

During the subscription period shareholders holding 40.9% of the dividend-bearing shares in Vonovia have elected to receive new shares instead of the cash dividend. Accordingly, 6,977,108 new Vonovia shares will be issued, resulting in a total of 518.08 million shares.

The settlement of the scrip dividend option is expected to occur on 14 June 2018. The payment of the cash dividend and the payment of any residual
balances is expected to take place on 7 June 2018.

For comments and feedback contact: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Consumer goods giant Procter & Gamble Co. on Wednesday reported a 28 percent increase in profit for the second quarter from last year, when results were impacted by a charge related to the U.S. tax reform. Both revenue and core earnings per share for the quarter beat analysts' estimates. Looking ahead, the company affirmed its outlook for fiscal 2019 earnings. LSEG Technology, London Stock Exchange Group's technology solutions provider, said it has been selected by Atom Group, a fintech company focused on blockchain technology and emerging digital assets, to power its new Hong Kong-based digital asset exchange AAX. The new digital exchange, which is expected to launch in the first half of fiscal 2019, will use LSEG's Millennium Exchange matching engine. Starbucks Coffee Co. said Tuesday it is expanding its "Starbucks Delivers" pilot to an additional six cities across the U.S. The expansion of the delivery service, in partnership with Uber Eats, begins today in San Francisco, the first of six new markets to offer the service to customers. The coffee giant plans to bring Starbucks Delivers to nearly one-quarter of U.S. company-operated stores.
Follow RTT