Brief: Stratec Plans Dividend Of EUR 0.55 Per Share For 2023 FY and Confirms FY23 Guidance

Stratec SE

21/03/2024 13:58

March 21 (Reuters) - STRATEC SE  SBSG.DE :
    * STRATEC PLANS TO DISTRIBUTE DIVIDEND OF € 0.55 PER SHARE
FOR
2023 FINANCIAL YEAR
    * THIS PROPOSAL IS BASED ON COMPANY'S POSITIVE MEDIUM TO
LONG-TERM
GROWTH PROSPECTS AND CONSISTENT WITH DIVIDEND POLICY OF
MAINTAINING A DISTRIBUTION QUOTA OF 40% TO 60% OF ADJUSTED
CONSOLIDATED NET INCOME
    * CAN CONFIRM ACHIEVEMENT OF ITS FINANCIAL GUIDANCE FOR 2023
FINANCIAL YEAR
    * YEAR-ON-YEAR REDUCTION IN DISTRIBUTION TOTAL IS TO BE
VIEWED
AGAINST BACKDROP OF INTERNAL AND POTENTIAL EXTERNAL GROWTH
OPPORTUNITIES

Source text for Eikon:  ID:nEQ8vLlcDa 
Further company coverage:  SBSG.DE 

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