Dividend payment of EUR 3.62 per share approved
In 2003 ATOSS announced a dividend policy under which company shareholders are awarded a substantial stake in the company’s success. Since then around 50 percent of the company’s earnings per share have been distributed as a dividend. In continuation of this procedure, the dividend for financial year 2012, which was today approved by a large majority, amounted to EUR 0.72 per share. In addition, a special distribution of EUR 2.90 per share was also approved.
Based on the closing price of ATOSS shares at the end of 2012, the dividend yield stands at 17.2 percent (previous year: 4.3 percent). The cumulative amount paid out to shareholders over the past eleven years including some special payments adds up to EUR 14.79 per share. In addition to substantial growth in the ATOSS share price – well above the development in comparative indices – the annual dividend payments underscore the attraction of a long-term investment in ATOSS Software AG. Even after the payment to shareholders, ATOSS continues to have considerable liquidity at its disposal in the amount of around EUR 10 million as well as strong equity.
Shareholders also by a large majority endorsed the remaining items on the agenda, including the formal discharge of the Management and Supervisory Board members, election of auditors, acquisition and use of treasury stock, new elections to the Supervisory Board and amendments to the articles of association.
The outlook for the company’s continuing development in financial year 2013 remains positive. The Management Board once again expects to see an increase in sales with an EBIT margin in excess of 20 percent.
- 29.04.2013 Dividend payment
- 13.05.2013 Publication of the 3-monthly financial statements
- 22.07.2013 Press release announcing the 6-monthly statements
- 12.08.2013 Publication of the 6-monthly financial statements
- 21.10.2013 Press release announcing the 9-monthly statements
- 11.11.2013 Equity Forum, Frankfurt am Main (11.11-13.11.2013)
- 15.11.2013 Publication of the 9-monthly financial statements