Bechtle raises dividend to €1.00

Bechtle extends successful business to shareholders

(PresseBox) ( Neckarsulm / Heilbronn, 19-05-28 )

The Bechtle AG AGM today signed off on a dividend payout of €1.00 per no-par share, an increase of 11.1% compared to the previous year. This translates to a dividend payout ratio of 30.6%, and a dividend yield (in relation to the annual closing price) of 1.5%.

Bechtle pursues a consistent and continuity-driven dividend policy with shareholders receiving a cut in the company’s annual results every year since its IPO in 2000, and a regular dividend jump to boot. This year’s increase is the ninth in a row. Each year, the payout to shareholders amounts to around one-third of earnings after taxes. The dividend is issued on the third business day following the resolution on the appropriation of earnings, so this year on 3 June. Shareholders are eligible to claim dividends provided they owned Bechtle shares on the day of the AGM decision. With some 79% of rights to vote represented, the Bechtle AGM once again recorded a high attendance of shareholders. All propositions on the agenda were met with broad support. 660 investors and an additional 200 visitors set a new record attendance at the AGM.

Bechtle

Bechtle AG is one of Europe's leading IT providers, with some 70 systems integrators in Germa-ny, Austria and Switzerland as well as e-commerce subsidiaries in 14 European countries. Founded in 1983, the company is headquartered in the southern German town of Neckarsulm and currently employs over 10,300 people. Bechtle provides more than 70,000 customers from the industrial, trade, financial and public sectors with a comprehensive, vendor-neutral portfolio that covers all aspects of IT infrastructure and operation. Bechtle is listed on the MDAX and TecDAX indices. In 2018, the company generated revenues of over 4.3 billion euros. Learn more at: becht-le.com

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