- Prachi Singh |
The management board of Lenzing Ag, has decided to propose a basic dividend of 3 euros per share and a special dividend of 2 euros per share, to the annual general meeting.
The company said in a statement that this dividend proposal reflects the good implementation of the corporate strategy sCore TEN and the company’s strong balance sheet.
Lenzing added that the total dividend payout to shareholders will amount to about 133 million euros, subject to the acceptance of the proposal by the supervisory board at its meeting scheduled for March 13, 2019.
Picture:Lenzing newsroom, Lenzing Fibers Grimsby Limited