Zumtobel Group AG Approves Dividend for the Financial Year 2020/21, Payable on August 6, 2021
July 30, 2021 at 08:36 am EDT
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Zumtobel Group AG at its annual general meeting held on July 30, 2021 approved a dividend of EUR 0.20 per share for the 2020/21 financial year. That represents roughly 30% of net profit after an adjustment for the special effect from deferred taxes. The dividend will be paid on 6 August.
Zumtobel Group AG is an Austria-based company. The Company is engaged as a provider of lighting solutions, lighting components and the associated services. The Company operates through two segments: Lighting Segment and Components Segment. In the lighting segment, the Company produces hardware and software for lighting systems (LED light sources, LED drivers, sensors and light management). It offer services such as advice on intelligent lighting controls and emergency lighting systems, lighting contracting, design services, project management for turnkey lighting solutions as well as new, data-based services with a focus on connecting buildings and cities using light infrastructure, e.g. Real-time location of goods and people using Bluetooth Doppler direction finding. The Components segment includes industry (including logistics, halls, parking garages), office, education and healthcare (including hospitals, schools and universities) and retail (incl. Supermarkets, furniture stores).