- Dividend increases to 1.00 EUR per share (+11.1% on previous year)
- General Shareholders’ Meeting votes to endorse all motions put by the Board of Management and Supervisory Board
Brenntag (WKN A1DAHH), the global market leader in chemical distribution, today held its ordinary General Shareholders’ Meeting in Düsseldorf. Chief Executive Officer Steven Holland was able to report to shareholders that in the financial year 2015 the company delivered solid results, continued to grow and clearly increased its key financial performance indicators year on year. In doing so, he stressed that this positive performance was achieved in an environment of macroeconomic weakness, once again testifying to Brenntag’s robust business model and sound positioning in the markets.
With an attendance rate of over 74%, the General Shareholders’ Meeting voted to endorse all motions put by the Board of Management and Supervisory Board. It thus resolved to pay a dividend of 1.00 EUR per share, an increase of 11.1% on the previous year. The payout ratio is therefore 42.3% of profit after tax attributable to Brenntag shareholders. The company has increased the dividend paid to its shareholders every year since its flotation in 2010.