Domstein Seafood AG
Domstein Seafood AG: Return for shareholders of 4.7% for 2019
DGAP-News: Domstein Seafood AG / Key word(s): Dividend/Payout In the last financial year, a new record was achieved. Assets increased by almost 40% and sales by 14.2%. The shareholders profit from it; because the management attaches importance to a continuous dividend policy. Every year, 30-50% of the consolidated result should be paid to investors as a dividend. The exact value traditionally depends on general business development and growth opportunities. At its Annual General Meeting, Domstein Seafood AG Chairman of the Board of Directors Dr. Feldmann decided a dividend of EUR 0.12 per share for the financial year 2019, that is a payout ratio of 48%, resulting in a return of 4.7% for the shareholders. The dividend yield was set at 6 months.
At present, Domstein Seafood AG is in negotiations with strategic partners, which could have a positive effect on the operating business. Therefore, it was decided together with the major shareholders to extend the subscription period for the current IPO until the first quarter of 2019. This gives potential investors the opportunity to include the results of these negotiations in their investment decisions and to participate in the booming aquaculture market. Further information can be found on the company’s website www.domstein.ch. Domstein Seafood AG ISIN: CH0324397196 WKN: A2AJZP
13.12.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
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