Bayer says to pay dividend of 1.90 eur/shr, above market view
FRANKFURT Feb 26 (Reuters) - Germany's largest drugmaker Bayer said it will propose a dividend of 1.90 euros ($2.51) per share to investors, more than the 1.82 euros expected on average by analysts.
The company has a long-term a policy of paying out 30 to 40 percent of core earnings per share, which it defines as net income excluding goodwill amortisation and one-off writedowns.
It is due to report 2012 results on Thursday, Feb. 28. ($1 = 0.7567 euros) (Reporting by Ludwig Burger)