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Schaeffler AG Industriestraße 1-3 91074 Herzogenaurach, Germany http://www.schaeffler-group.com
Contact Mr Christoph Beumelburg +49 9132 825000
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Schaeffler AG

Annual general meeting of Schaeffer AG decides to increase the dividend

2017 Annual General Meeting of Schaeffler AG

(PresseBox) (Herzogenaurach, )
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Dividend per common non-voting share increased from 35 to 50 cents
“Mobility for tomorrow” strategy with 4 focus areas, 8 pillars, and 16 initiatives
Electric mobility, Industry 4.0, and digitalization as key opportunities


At today’s annual general meeting, the shareholders of Schaeffler AG approved the proposal to increase the dividend from 35 to 50 cents per common non-voting share. This represents an increase of approximately 43 percent compared to the prior year and a dividend payout ratio of approximately 34 percent (prior year: approximately 29 percent). Schaeffler AG’s second annual general meeting following the initial public offering took place in Nuremberg’s
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