from TAG Tegernsee Immobilien U. Beteiligungs AG (isin : DE0008303504)
EQS-Adhoc: TAG Immobilien AG plans to resume dividend payments
EQS-Ad-hoc: TAG Immobilien AG / Key word(s): Dividend
TAG Immobilien AG plans to resume dividend payments
12-Nov-2024 / 18:13 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
TAG Immobilien AG plans to resume dividend payments
Hamburg, 12 November 2024
In contrast to the two previous years, in which the dividend was suspended, the Management Board and Supervisory Board of TAG Immobilien AG (TAG) plan to propose a dividend payment for the 2024 financial year at the next Annual General Meeting in May 2025. It is to be based on a payout ratio of 40% of FFO I, which would put it at an expected EUR 0.40 per share.
Further information on the business performance can be found in TAG's interim statement on the third quarter 2024, which will be published as planned on 13 November 2024.
Contact:
TAG Immobilien AG
Head of Investor&Public Relations Dominique Mann
Tel. +49 (0) 40 380 32 - 305
Fax +49 (0) 40 380 32 388
ir@tag-ag.com
End of Inside Information
12-Nov-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | TAG Immobilien AG |
| Steckelhörn 5 | |
| 20457 Hamburg | |
| Germany | |
| Phone: | 040 380 32 0 |
| Fax: | 040 380 32 388 |
| E-mail: | ir@tag-ag.com |
| Internet: | https://www.tag-ag.com |
| ISIN: | DE0008303504 |
| WKN: | 830350 |
| Indices: | MDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2028419 |
| End of Announcement | EQS News Service |
2028419 12-Nov-2024 CET/CEST