SAP proposes dividend of 0.85 euros/shr

FRANKFURT, March 21 Thu Mar 21, 2013 10:21am EDT

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FRANKFURT, March 21 (Reuters) - German business software group SAP said on Thursday it would propose a 2012 dividend of 0.85 euros per share, up from 0.75 euros in the previous year.

SAP last year also paid a special dividend of 0.35 euros per share on top of the 0.75 euros.

The payment represents a pay-out ratio of 36 percent. (Reporting by Harro ten Wolde)

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