IR News Details
MTU Aero Engines AG proposes dividend of €1.25
Munich, March 9, 2021 – At todays’ meeting, the Supervisory Board of MTU Aero Engines AG resolved to present a proposal for a dividend of €1.25 to the virtual Annual General Meeting on April 21, 2021. The Supervisory Board has therefore accepted the proposal made by the Executive Board (see press release of February 18, 2021).
“MTU demonstrated its resilience and financial strength in 2020, which was dominated by the coronavirus pandemic. Therefore, the company can continue its policy of paying a dividend in an appropriate manner, without jeopardizing its future viability or its innovative strength,” said Klaus Eberhardt, Chairman of the Supervisory Board. Reiner Winkler, CEO of MTU Aero Engines AG: “This dividend proposal expresses our thanks to our shareholders for their trust and loyalty during this crisis. Despite all the challenges at present, we are sticking to our dividend policy.” MTU Aero Engines’ policy is to pay an attractive dividend and the company strives to increase its payout ratio.
The dividend for 2020 will be paid to shareholders after the resolution of the Annual General Meeting on April 26, 2021.