21/03/2018 | Ad-hoc Disclosure
Dividend proposal for Fair Value REIT-AG of EUR 0.34 per share for fiscal year 2017
416Insider information according to Art. 17 of the MAR
(published on 21 March 2018, 18:13 CET/CEST)
Fair Value REIT-AG
Wuermstraße 13a
82166 Graefelfing
Germany
WKN (German Securities Code): A0MW97
ISIN: DE000A0MW975
Dividend proposal for Fair Value REIT-AG of EUR 0.34 per share for fiscal year 2017
Graefelfing, 21 March 2018 – The Management Board of Fair Value REIT-AG (WKN A0MW97, ISIN DE000A0MW975) has increased the planned disbursement of the dividend for fiscal year 2017 from the previous total dividend of EUR 0.25 per share currently in circulation to EUR 0.34. A corresponding proposal is to be made to the Annual General Meeting which is being held on 8 June 2018. The corresponding total amount of around EUR 4.77 million or 90.76% of the provisional net income (HGB) for 2017 is thus in line with the requirements of the German REIT Act. According to the as yet unaudited figures, Fair Value REIT-AG’s net income (HGB) in 2017 totalled around EUR 5.3 million, following net income recorded in the previous year of around EUR 6.2 million.
Fair Value REIT-AG will publish its audited financial indicators for fiscal year 2017 on 26 April 2018.