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Delticom AG: Annual General Meeting approves dividend increase
30-04-2012 04:33:13 PM
SDAX-listed Delticom AG (German Securities Code WKN 514680, ISIN DE0005146807, stock market symbol DEX), Europe's leading Internet tyre retailer, is distributing a dividend of EUR 2.95 per share for the 2011 financial year (previous year: EUR 2.72).
85.03% of the share capital was present at the General Meeting of Europe's leading Internet tyre retailer. Shareholders approved all the items on the agenda with a large majority. For the fiscal year 2011 the shareholders will receive a dividend payment of EUR 2.95 per share. With a dividend increase of 8.5%, Delticom AG continues its dividend policy to let the shareholders participate in the company's success.
Shareholders present at the AGM particularly appreciated Delticom's strong market position and the payout to shareholders. “After an exceptionally strong preceding year and despite difficult trading conditions, we have successfully remained on course in the past financial year” commented Co-CEO Rainer Binder as part of his Management Board speech. “Once again our business model has proved its worth.”
