Bayer ups dividend for 2013

February 26, 2014

German chemicals and pharmaceuticals giant Bayer said Wednesday it will increase its dividend payout to shareholders for 2013.

Bayer said in a statement it will pay shareholders 2.10 euros per share for last year, up from 1.90 euros a year earlier.

"In this way, we intend our stockholders to appropriately participate in Bayer's success. The significant increase in the dividend is also an expression of our confidence in the company's future performance," said chief executive Marijn Dekkers.

With 826.95 million shares entitled to the dividend, the total payment will amount to 1.74 billion euros, up from 1.57 billion euros in 2012.

Bayer is scheduled to publish its 2013 earnings on Friday.

Explore further: German software giant SAP raises dividend

Related Stories

German software giant SAP raises dividend

February 24, 2012

German software giant SAP said on Friday it would pay a substantially increased dividend to shareholders for 2011, its 40th anniversary year, which was its best-ever in terms of profits.

Recommended for you

Sydney makes its mark with electronic paper traffic signs

July 28, 2015

Visionect, which is in the business of helping companies build electronic paper display products, announced that Sydney has launched e-paper traffic signs. The traffic signage integrates displays from US manufacturer E Ink ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.