Brief: Merkur Privatbank Proposes Dividend Increase At EUR 0.45

Merkur Privatbank KGaA

03/05/2022 15:04

May 3 (Reuters) - MERKUR PRIVATBANK KGAA  MBKG.DE :
    * PROPOSES AN INCREASE IN THE DIVIDEND TO EUR 0.45
    * AT THE CURRENT SHARE PRICE OF EUR 14.6 (AS OF MAY 3RD),
THIS
CORRESPONDS TO A DIVIDEND YIELD OF 3.1%
    * THE DIVIDEND STRATEGY WILL BE ADJUSTED AGAINST THE
BACKGROUND OF
THE SUCCESSFUL TAKEOVER OF BANK SCHILLING
    * THE BASIC DIVIDEND IS TO BE INCREASED FROM EUR 0.20 TO EUR
0.30
PER SHARE IN THE FUTURE

Source text for Eikon:  ID:nEQ2JkDTra 
Further company coverage:  MBKG.DE 

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