CEWE Stiftung & Co. KGaA
CEWE increases dividend for twelfth consecutive year
DGAP-News: CEWE Stiftung & Co. KGaA
/ Key word(s): Dividend
CEWE increases dividend for twelfth consecutive year – Board of Management and Supervisory Board propose a dividend of 2.30 euros per share – Dividend yield of 2.5% on the basis of the 2020 year-end share price Oldenburg, 17 March 2021. The Supervisory Board of CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE 0005403901) decided in its meeting today to propose the twelfth consecutive dividend increase. The Board of Management and the Supervisory Board are to propose a dividend of 2.30 euros per share for the business year of 2020 at the Annual General Meeting to be held on 9 June 2021 (dividend of previous year: 2.00 euros). On the basis of the share price at the end of 2020 (92.50 euros), shareholders will be receiving a dividend yield of 2.5% with the dividend proposed. CEWE will present full annual financial statements at the annual report and analysts’ press conference to be held on 25 March 2021. The CEWE apps are all available in the app stores: CEWE PHOTO WORLD, CEWE POSTCARD and other photo apps, and the CEWE Investor Relations app for iPad(c) or android tablets, with annual reports and quarterly reports, presentations and sustainability reports. Financial schedule About CEWE: From its beginnings in 1912, CEWE has progressed to become the leading photo service company for all those wanting to make more of their photos. This is mainly due to the much-awarded CEWE PHOTOBOOK, with more than six million books being sold each year. Customers can purchase other personalised photo products under the brand names of CEWE, WhiteWall and Cheerz – and from many leading retailers in Europe. Concerning their personal photos, they are inspired to produce a variety of creative designs and they trust the company with more than 2.3 billion photos every year. The CEWE Group has also set up a highly efficient production system for the online printing market, which is still new. Every year billions of high-quality printed products are delivered reliably to their purchasers through the SAXOPRINT, LASERLINE and viaprinto sales platforms. The CEWE Group, through the founder family of Neumüller as an anchor shareholder, focuses on sustainable corporate management and has already received many awards for this effort: economically sustainable in the long term; cooperative and fair in dealings with customers, employees and suppliers; socially responsible and protective of the environment and resources. An example of this is the climate-neutral process used to produce all the CEWE brand-name products. The CEWE Group has a staff of 4,000 employees and operates in more than 20 countries. CEWE is listed on the SDAX. More information is available at company.cewe.de.
17.03.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | CEWE Stiftung & Co. KGaA |
Meerweg 30-32 | |
26133 Oldenburg | |
Germany | |
Phone: | +49 (0)441 40 4-1 |
Fax: | +49 (0)441 40 4-42 1 |
E-mail: | IR@cewe.de |
Internet: | www.cewe.de |
ISIN: | DE0005403901 |
WKN: | 540390 |
Indices: | SDAX |
Listed: | Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1176477 |
End of News | DGAP News Service |