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MLP Executive Board proposes dividend of 25 cents per share

  • Dividend payout ratio equates to almost 100 percent of net profit from continuing operations
  • Tax-free dividend payment
Wiesloch, 17 March 2010 - The Executive Board of the independent financial services and wealth management consulting company MLP proposes a dividend of 25 cents per share (previous year: 28 cents). Subject to approval by the Supervisory Board and the Annual General Meeting (AGM), MLP will be paying out total dividends of
EUR 27.0 million. This equates to almost 100 percent of the net profit from continuing operations, which according to previously announced preliminary figures totals 27.2 million Euros. As announced two years ago the dividend is tax-free.

“MLP operates with a low capital-intensive business model and has high financial power. With the complete dividend payout we are not only allocating our shareholders an extensive share of the company profits, but are also at the same time underlining our confidence in MLP’s future”, comments Andreas Dittmar, Head of Finance at MLP AG.

MLP will be publishing the Group Annual Report on 25th March 2010. The AGM is scheduled to convene on 20 May 2010 in Mannheim, Germany.