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Deutsche EuroShop: Further dividend increases planned until 2019

DGAP-News: Deutsche EuroShop AG / Key word(s): Dividend

2016-05-03 / 11:55
The issuer is solely responsible for the content of this announcement.


Deutsche EuroShop: Further dividend increases planned until 2019

Hamburg, 3 May 2016 - The Executive Board and Supervisory Board of shopping center investor Deutsche EuroShop AG intend to gradually increase the dividend by EUR 0.05 per share in each of the 2017 and 2018 financial years. As a result, the dividend will have increased to EUR 1.50 per share by 2019. This would correspond with an absolute increase of 7.1% and an average annual increase of 3.5%.

"With these measures, we aim to continue our long-term, reliable dividend policy," explains Wilhelm Wellner, CEO. "Our goal remains to distribute an attractive dividend every year."
 

Deutsche EuroShop - The shopping center company
Deutsche EuroShop is the only public company in Germany to invest solely in shopping centers in prime locations. The MDAX-listed company currently has investments in 19 shopping centers in Germany, Austria, Poland and Hungary. The portfolio includes the Main-Taunus-Zentrum near Frankfurt, the Altmarkt-Galerie in Dresden and the Galeria Baltycka in Gdansk.
 



2016-05-03 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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