March 7, 2018 / 7:19 AM / in 4 months

BRIEF-Schaeffler Proposes Div of 0.55 euro on 2017 net income of 980 Mln Eur

March 7 (Reuters) - Schaeffler Ag:

* SAYS TO RAISE THE DIVIDEND BY 5 CENTS TO 55 CENTS PER COMMON NON VOTING SHARE, A PAYOUT RATIO OF APPROXIMATELY 35 PERCENT‍​

* SAYS 2017 NET INCOME INCREASES BY APPROXIMATELY 14 PERCENT TO 980 MILLION EUROS‍​ Further company coverage:

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