DGAP-Adhoc: RWE Aktiengesellschaft: RWE Executive Board resolves dividend proposal 2016 and gives dividend outlook
DGAP-Ad-hoc: RWE Aktiengesellschaft / Key word(s): Dividend
RWE Aktiengesellschaft: RWE Executive Board resolves dividend proposal 2016 and gives dividend outlook
22-Feb-2017 / 08:13 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The Executive Board of RWE AG decided in its meeting today to propose to
the annual general meeting on 27 April 2017 a dividend equaling the last
year's proposal amounting to EUR 0,13 per preferred share and including a
suspension of the dividend for common shares. The proposal also
accommodates the significant financial burden under the forthcoming law
rearranging the responsibilities for nuclear waste management in Germany.
On the basis of the expectations for 2017, the Executive Board envisages
paying a dividend for the current business year of EUR 0,50 per common and
preferred share. The Executive Board aims to at least maintain this
dividend level in subsequent years. In this context, RWE is orienting
itself towards operating cash flows that are freely available on a
sustainable level.
The Executive Board
Disclosed by Dr. Ulrich Rust, General Counsel
22-Feb-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
RWE Aktiengesellschaft
Opernplatz 1
45128 Essen
Germany
Phone:
+49 (0)201-12-15025
Fax:
+49 (0)201-12-15265
E-mail:
invest@rwe.com
Internet:
www.rwe.com
ISIN:
DE0007037129, DE0007037145, , Weitere ISINs von Fremdkapital- und Hybridanleihen sind unter http://www.rwe.com/web/cms/de/1775762/rwe/investor-relations/anleihen/finanzierungsinstrumente/rwe-anleihen-im-ueberblick/, aufgelistet.,
WKN:
703712, 703714, , Weitere WKNs von Fremdkapital- und Hybridanleihen sind unter http://www.rwe.com/web/cms/de/1775762/rwe/investor-relations/anleihen/finanzierungsinstrumente/rwe-anleihen-im-ueberblick/ aufgelistet.
Listed:
Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxemburg
End of Announcement
DGAP News Service
546457 22-Feb-2017 CET/CEST