06/06/2017 | Corporate News
Fair Value REIT-AG: Annual General Meeting approves dividend for 2016 of €0.40 per share
382Graefelfing, 6 June 2017 – The shareholders of Fair Value REIT-AG (WKN A0MW97) passed a resolution at the Annual General Meeting on 2 June 2017 to distribute a dividend of €0.40 per participating share for the fiscal year 2016, thus approving the proposal of the Management Board and Supervisory Board. This is equivalent to a distribution totaling €5.6 million or 91% of the net income according to German GAAP for 2016 of €6.2 million which, according to the REIT law, is decisive for the dividend.
The dividend for 2016 will be paid out on 8 June 2017. This is significantly higher than the dividend of €0.25 per share distributed for the fiscal year 2015 and reflects the positive business performance of Fair Value REIT-AG in 2016.
The Annual General Meeting accepted all points on the agenda with a clear majority of votes cast. The voting results can be viewed on the homepage of Fair Value REIT-AG at www.fvreit.de.
