on TAG Tegernsee Immobilien U. Beteiligungs AG (isin : DE0008303504)
TAG Immobilien AG to Resume Dividend Payments in 2024
TAG Immobilien AG announced plans to reinstate dividend payments for the fiscal year 2024. This move comes after a two-year suspension of dividends. The Management and Supervisory Boards are poised to propose a dividend payout at the Annual General Meeting in May 2025.
The proposed dividend will be based on a payout ratio of 40% of the company's FFO I, translating to approximately EUR 0.40 per share. TAG Immobilien's decision underscores renewed confidence in its financial performance and stability.
For those interested in a detailed account of TAG's business performance, the company will release its interim statement for the third quarter of 2024 on November 13, 2024. This report will provide further insights into the company's financial health and operational strategy moving forward.
R. H.
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