Deutsche Konsum REIT-AG / Key word(s): Dividend
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.
Deutsche Konsum REIT-AG
|Company:||Deutsche Konsum REIT-AG|
|Phone:||+49 (0)331 740076517|
|Fax:||+49 (0)331 740076520|
|Listed:||Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Munich, Stuttgart, Tradegate Exchange; JSE Securities Exchange|
|EQS News ID:||1514199|
|End of Announcement||EQS News Service|