SAP (SAP) Confirms Talks to Increase Dividend and Declare Special E$0.35 Dividend

Article Stock Quotes (1) Comments (0)

SAP (NYSE: SAP) confirms that its executive board has prepared the 2011 consolidated financial statements and will recommend to the SAP Supervisory Board to propose at the Annual General Meeting of Shareholders to increase the dividend by 83% from euro 0.60 to euro 1.10 per share for the fiscal year 2011.

This includes a special dividend of euro 0.35 per share to celebrate SAP's 40th anniversary. If the SAP Supervisory Board and the shareholders at the Annual General Meeting of Shareholders approve this recommendation, the total amount distributed in dividends would be euro 1.3 billion (2010: euro 713 million). The dividend payout ratio would be 38% (2010: 39%).

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• VMware and SAP Collaborate to Deliver SAP(R) Solutions as a Service on VMware Cloud Infrastructure
• Grok Achieves Certified Integration with SAP® Sybase® Event Stream Processor
• Tangoe and SAP Sign Software Development Cooperation Agreement (SDCA) for Collaboration on Mobile Security and Management Solution

Create E-mail Alert Related Categories

Dividends, Special Dividends

Related Entities

Dividend

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?