Knorr-Bremse Raises Dividend per share to € 1.75

Knorr-Bremse Raises Dividend to € 1.75

Based on the very good business performance in 2024, the Executive and Supervisory Boards want to raise the dividend to € 1.75 per share
The Heinz Hermann Thiele Family Foundation is planned to be represented by two members on the Supervisory Board in the future
The Supervisory Board recognizes and thanks Dr. Theodor Weimer, who will step down as member and Deputy Chairman of the Supervisory Board at the Annual General Meeting
 
The operational performance of Knorr-Bremse AG over the past fiscal year has been very good, and the company’s shareholders are planned to profit from this noticeably, too. That is why the Executive Board and Supervisory Board have taken the decision to propose raising the dividend to € 1.75 per share at the Annual General Meeting. This corresponds to a roughly 7% increase year over year (previous year: € 1.64 per share). The associated increase of the payout ratio to around 60% this year takes account of the fact that consolidated net income has been reduced by non-recurring non-cash items. However, shareholders are to be distributed a dividend that reflects the company’s operational performance and is therefore consistent with the existing and long-term dividend policy of distributing 40% to 50% to shareholders.