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BRIEF-Kapsch TrafficCom: dividend policy
November 29, 2016 / 1:50 PM / 10 months ago

BRIEF-Kapsch TrafficCom: dividend policy

Nov 29 (Reuters) - Kapsch TrafficCom AG :

* Will continue with its practice to distribute a dividend of at least one third of profit for period

* If this value corresponds to a dividend per share of less than 1.00 euro, company will consider a higher distribution rate, so that an annual base dividend of 1.00 euro can be assumed

* Within a reference period of three years, company aims at paying out an average annual dividend which at least corresponds to annual base dividend (1.00 euros) Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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