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DGAP-Adhoc: ATOSS Software AG: ATOSS raises dividend rate

eqs_en 
0 0 27.01.20
DGAP-Adhoc: ATOSS Software AG: ATOSS raises dividend rate
 

DGAP-Ad-hoc: ATOSS Software AG / Key word(s): Dividend
ATOSS Software AG: ATOSS raises dividend rate

27-Jan-2020 / 16:56 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

ATOSS Software AG: ATOSS raises dividend rate
Munich, January 27, 2020

The Management Board of ATOSS Software AG is submitting a proposal to the Supervisory Board suggesting a sustainable increase in the company's dividend rate to 75% of the consolidated earnings per share.
Otherwise, the dividend policy in place since 2006 that has so far provided for a dividend rate of 50% in relation to consolidated earnings per share and that has been topped up by special dividends at regular intervals, will continue to apply.

By adjusting its dividend policy, ATOSS Software AG is thus maintaining the sustainable participation of shareholders in the success of the company. Against the backdrop of the most recent records in terms of sales and earnings in 2019, the high degree of stability of the business model, an extremely sound equity ratio and liquidity at a group level (cash and cash equivalents, other current and non-current financial assets) of over EUR 30 million at the end of 2019, the Management Board has decided to raise the dividend rate to 75%. Earnings per share for fiscal 2019 are likely to lie within a range between EUR 3.30 and 3.40 per share.

Provisional results for the 2019 fiscal year and the fourth quarter of 2019 including precise details of the Management Board's dividend proposal for 2019 will be published on January 31, 2019.


Contact

ATOSS Software AG
Christof Leiber / Member of the Board of Management
Rosenheimer Straße 141 h,
D-81671 Munich
Tel.: +49 (0) 89 4 27 71 - 0
Fax: +49 (0) 89 4 27 71 - 100
[email protected]

27-Jan-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: ATOSS Software AG
Rosenheimer Str. 141 h
81671 München
Germany
Phone: +49 (0)89 4 27 71-0
Fax: +49 (0)89 4 27 71-100
E-mail: [email protected]
Internet: www.atoss.com
ISIN: DE0005104400
WKN: 510440
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 961549

 
End of Announcement DGAP News Service

961549  27-Jan-2020 CET/CEST

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ATOSS Software AG Stock

€142.60
1.870%
There is an upward development for ATOSS Software AG compared to yesterday, with an increase of €2.60 (1.870%).
With 0 Sell predictions and 2 Buy predictions the community sentiment towards the ATOSS Software AG stock is not clear.
With a target price of 207 € there is a positive potential of 45.16% for ATOSS Software AG compared to the current price of 142.6 €.
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EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




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