Fraport AG Frankfurt Airport Services Worldwide
euro adhoc: Fraport AG Frankfurt Airport Services Worldwide /
Dividend Announcements
Fraport Plans to Raise Dividend - 45 to 50
Percent Payout Ratio Targeted for FY2004
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Fraport AG's supervisory and executive boards are planning to increase the company's dividend for the 2004 business year. Based on the annual group profit the payout ratio is expected to range from 45 to 50 percent. This compares with 34.5 percent for fiscal year 2003, which resulted in a dividend payment of 0.44 Euro per share.
The exact dividend recommendation for the Annual General Meeting on June, 1st 2005 will be established when the boards meets to approve the annual accounts in March 2005. The increased payout ratio should also serve as the basis for coming business years and offer shareholders an attractive dividend payment.
end of announcement euro adhoc 13.12.2004 12:34:56
Further inquiry note:
Christoph Hommerich
Tel.: +49 (0)69 690 748 42
E-Mail: c.hommerich@fraport.de
Branche: Transport
ISIN: DE0005773303
WKN: 577330
Index: MDAX, Prime Standard
Börsen: Berliner Wertpapierbörse / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade
Bremer Wertpapierbörse (BWB) / free trade
Frankfurter Wertpapierbörse / official dealing