In view of the promising outlook and solid profitability, the Annual General Meeting declared an increased dividend of CHF 2.80 (previous year: CHF 2.60) per bearer share and CHF 0.56 (previous year: CHF 0.52) per registered share. This represents a payout ratio of 37.1% (previous year: 32.1%). The dividend will be paid from 15 April 2014 upon presentation of Coupon No. 7.
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