Press archive detail
MTU Aero Engines AG proposes dividend of €1.35 per share
Munich, March 11, 2014 – At today’s meeting of the Supervisory Board of MTU Aero Engines AG, its members voted in favor of accepting the Executive Board’s proposal concerning the dividend payment for the financial year 2013. Consequently, at the Annual General Meeting on May 8, 2014, the Executive Board and Supervisory Board will jointly propose a dividend payment of €1.35 per share. “Maintaining the dividend at this high level reflects the continuity of our earnings-oriented dividend policy,” says Klaus Eberhardt, chairman of the Supervisory Board. The dividend paid for the financial year 2012 amounted to €1.35 per share. CEO Reiner Winkler adds: “Ever since MTU became a publicly listed company, we have always enabled our shareholders to participate in our success. Our dividend history is testimony to the strength of MTU Aero Engines as a long-term, sustainable investment.” After the corresponding resolution has been passed by the Annual General Meeting, the dividend will be paid out to shareholders on May 9, 2014.
About MTU Aero Engines
MTU Aero Engines is Germany's leading and the country's only independent engine manufacturer and is an established global player in the industry. It engages in the development, manufacture, marketing and support of commercial and military aircraft engines and industrial gas turbines. The company is a technological leader in low-pressure turbines, high-pressure compressors, manufacturing processes and repair techniques. MTU Maintenance is one of the world's leading providers of maintenance services for aircraft engines. In the military arena, MTU Aero Engines is Germany's industrial lead company for practically all engines flown by the country's military. MTU operates affiliates around the globe; Munich is home to its corporate headquarters. In fiscal 2013, the company had a workforce of some 8,700 employees and posted consolidated sales of some 3.7 billion euros. In early March 2013, the company won the German Industry’s 32nd Innovation Award, and in April, it was honored with the German Innovation Award. In both instances, MTU received the recognition for the geared turbofan™ engine’s high-speed low-pressure turbine.
Contact
Senior Vice President Corporate Communications and Public Affairs