STEMMER IMAGING proposes increase of the regular dividend as well as payment of a special dividend
March 06, 2023 at 11:06 am EST
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EQS-Ad-hoc: STEMMER IMAGING AG / Key word(s): Dividend/Payout
STEMMER IMAGING proposes increase of the regular dividend as well as payment of a special dividend
06-March-2023 / 17:04 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Puchheim, March 6, 2023
STEMMER IMAGING proposes increase of the regular dividend as well as payment of a special dividend
Puchheim, March 6, 2023 – Based on the current status of the audit of the annual results 2022, the Executive Board of STEMMER IMAGING AG (ISIN DE000A2G9MZ9 / GSIN A2G9MZ) decided at its meeting today to propose the payment of a regular dividend of EUR 1.00 per share to the shareholders at the upcoming Annual General Meeting. In addition, a special dividend of EUR 2.00 per share shall be distributed.
Based on the strong increase of net profits, the continued good cash flow development and the positive business prospects, the Executive Board intends to increase the regular dividend from EUR 0.75 in the previous year to EUR 1.00 per share.
Furthermore, the Executive Board has evaluated the financing requirements for the growing business volume and for the ambitious organic and non-organic growth intentions beyond the EUR 200 million revenue target and proposes the distribution of an extraordinary special dividend of EUR 2.00 per share. In times of higher interest rates, the Executive Board is thus taking into account the greater importance of equity for shareholders – simultaneously considering the company’s growth plans.
The Annual General Meeting will take place on May 12, 2023.
Contact:
STEMMER IMAGING AG
Arne Dehn
Chief Executive Officer
Gutenbergstr. 9-13
82178 Puchheim
Germany
Phone +49 89 80902-196 ir@stemmer-imaging.com www.stemmer-imaging.com
06-March-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
Language:
English
Company:
STEMMER IMAGING AG
Gutenbergstr. 9-13
82178 Puchheim
Germany
Phone:
+49 89 80902-196
E-mail:
ir@stemmer-imaging.com
Internet:
www.stemmer-imaging.com
ISIN:
DE000A2G9MZ9
WKN:
A2G9MZ
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
Stemmer Imaging AG is a Germany-based provider of machine vision technology. The Company's offering includes a complete technical range of products from a variety of manufacturers, such as cameras, lenses, illumination products, machine vision systems, as well as its own custom-made solutions, such as customized cables and protective housings for machine vision cameras. In addition, the Company develops imaging software, Common Vision Blox. The Company's machine vision solutions can be used in industrial automation to ensure quality control. Application areas include automotive, print, packaging, food and pharmaceutical industries, medical engineering and traffic technology, among others. The Company also provides customer support services, offering customized advice, feasibility studies and training, among others.