LONDON (Dow Jones) – K + S-CEO Norbert Steiner added to shareholders of the salt and fertilizer producer for 2010 again placed a higher dividend in view. "According to our basic earnings Dividend policy, one may expect that the expected higher Adjusted net income after taxes in 2010 on the positive Dividend payment will affect, "the manager of the Kassel Mutual Group on Tuesday at the annual general meeting in Kassel, Germany.
For the year ended 2009, the shareholders only 0.20 EUR receive a share. This is one twelfth of what they are for received 2008th With 41% of the payout ratio was set at lower end of the required margin of 40% to 50%.
Website: www.k-plus-s.com -By Heide Oberhauser-Aslan, Dow Jones Newswires; +49 (0) 69-29725113, heide.oberhauser @ dowjones.com DJG / hoa / rio Dow Jones Newswires
May 11, 2010 04:15 ET (08:15 GMT)