'MTU demonstrated its resilience and financial strength in 2020, which was dominated by the coronavirus pandemic.

Therefore, the company can continue its policy of paying a dividend in an appropriate manner, without jeopardizing its future viability or its innovative strength,' said Klaus Eberhardt, Chairman of the Supervisory Board. Reiner Winkler, CEO of MTU Aero Engines AG: 'This dividend proposal expresses our thanks to our shareholders for their trust and loyalty during this crisis. Despite all the challenges at present, we are sticking to our dividend policy.' MTU Aero Engines' policy is to pay an attractive dividend and the company strives to increase its payout ratio.

The dividend for 2020 will be paid to shareholders after the resolution of the Annual General Meeting on April 26, 2021.

(C) 2021 Electronic News Publishing, source ENP Newswire