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DRW8 Draegerwerk AG & Co KGaA News Story

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Media: Draegerwerk CFO flags higher dividend ahead of 2023

* German medical equipment maker Draegerwerk  DRWG_p.DE  may
raise
dividend payouts ahead of a 2023 target date, Chief Financial
Officer Gert-Hartwig Lescow tells Boersen-Zeitung
    * "After the first six months our equity ratio was 38%. That
means
in case of a corresponding positive development it is quite
possible that a higher distribution of profits will happen
before 2023," he was quoted as saying.
    * Holders of common stock  DRWG.DE  have received a dividend
of
0.13 euros per share each year since 2018 while it's 0.19 euros
for owners of preferred shares

Further company coverage:  DRWG_p.DE 

 (Reporting by Frankfurt Newsroom, Editing by Louise Heavens)
 ((frankfurt.newsroom@thomsonreuters.com))

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