EQS-Adhoc: Deutsche Konsum REIT proposes dividend of EUR 0.48 per share for the financial year 2021/2022
EQS-Ad-hoc: Deutsche Konsum REIT-AG / Key word(s): Dividend
Deutsche Konsum REIT proposes dividend of EUR 0.48 per share for the financial year 2021/2022
15-Dec-2022 / 13:52 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Publication of an inside information pursuant to Article 17 MAR
Deutsche Konsum REIT proposes dividend of EUR 0.48 per share for the financial year 2021/2022
Broderstorf, 15 December 2022 - Today, having completed the audit of the annual financial statements for the financial year 2021/2022 ended on 30 September 2022 and after approval by the Supervisory Board, the Management Board of Deutsche Konsum REIT-AG ("DKR") (ISIN DE000A14KRD3), decided to submit a dividend proposal of EUR 0.48 per share to the Annual General Meeting.
The dividend proposal is thus below the previous minimum forecast of EUR 0.60 per share, but 20% above the last dividend of EUR 0.40 per share.
Background for the reduced dividend proposal is a more cautious accounting and the formation of hidden reserves to cushion possible future risks due to the overall economic environment, which is difficult to forecast.
Kontakt:
Deutsche Konsum REIT-AG
Herr Christian Hellmuth
Finanzvorstand (CFO)
August-Bebel-Str. 68
14482 Potsdam
Telefon +49 331 74 00 76 517
Fax: +49 331 74 00 76 520
E-Mail: ch@deutsche-konsum.de
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