- Positive 2016 financial year allows dividend payment
- Dividend yield of around 1.3%
Marburg, February 22, 2017 – The Management Board and the Supervisory Board of 3U HOLDING AG (ISIN DE0005167902) are planning to propose a dividend of EUR 0.01 per share for the 2016 financial year at this year's Annual General Meeting. The final decision will be taken by the shareholders at the Annual General Meeting on May 18, 2017.
The 3U Group returned back on track in 2016 and ended the financial year with a surplus. It is the declared corporate strategy to let the shareholders participate appropriately in the company success through dividend distributions. After a few years without dividends, a new phase of continuous dividend payments is to be initiated with the upcoming dividend.
A pay out of EUR 0.01 per share represents a dividend yield of approximately 1.3% based on the current share price. The dividend is paid out of the tax deposit account within the meaning of §27 of the German Corporate Income Tax Act.
As of April 7, 2017 you will find detailed information on the Annual General Meeting on May 18, 2017 on our website at www.3u.net/en/investor-relations/annual-general-meeting.