IR-News details
MTU Aero Engines AG intends to raise dividend to €1.45
Munich, March 3, 2015 – In view of the company’s record results in the financial year 2014, the Supervisory Board and Executive Board of MTU Aero Engines AG will propose to the Annual General Meeting that the dividend be increased to €1.45 per share. This represents an increase of 10 euro cents or 7.4% compared with the previous year. “In keeping with MTU’s earnings-driven dividend policy, which is based on continuity, we are offering our shareholders an attractive level of dividend payment once again this year,” says Klaus Eberhardt, chairman of the Supervisory Board. CEO Reiner Winkler adds: “The higher dividend is our way of thanking our shareholders for their trust, which gives us the motivation to continue expanding MTU’s market position and creating sustainable value for the company.”
The Annual General Meeting of MTU Aero Engines AG will take place in Munich on April 15, 2015. After the corresponding resolution has been passed by the Annual General Meeting, the dividend will be paid out to shareholders on April 16, 2015.
About MTU Aero Engines
MTU Aero Engines AG is Germany's leading engine manufacturer. The company is a technological leader in low-pressure turbines, high-pressure compressors, turbine center frames as well as manufacturing processes and repair techniques. In the commercial OEM business, the company plays a key role in the development, manufacturing and marketing of high-tech components together with international partners. In the commercial maintenance sector the company ranks among the top 5 service providers for commercial aircraft engines and industrial gas turbines. The activities are combined under the roof of MTU Maintenance. In the military arena, MTU Aero Engines is Germany's industrial lead company for practically all engines operated by the country's military. MTU operates a network of locations around the globe; Munich is home to its corporate headquarters. In fiscal 2014, the company had a workforce of some 9,000 employees and posted consolidated sales of approximately 3.9 billion euros.