(PRESS RELEASE) HEIDELBERG, 24-Mar-2022 — /EuropaWire/ — HeidelbergCement AG (ETR: HEI), one of the world’s largest building materials companies, has announced that its Managing Board and Supervisory Board will propose a dividend increase to the Annual General Meeting. The company plans to distribute a dividend of €2.40 per share for the 2021 financial year, which represents an increase of 9 percent as compared to the previous year’s dividend of €2.20 per share. Based on the HeidelbergCement share price on 31 December 2021, the dividend yield is 4.0 percent while the payout ratio, in relation to the Group’s share of adjusted profit, is 30 percent.
The company is thus continuing its progressive dividend policy. The dividend is subject to the approval of the shareholders at the Annual General Meeting, which will be held on 12 May 2022.
In addition, HeidelbergCement today published its Annual Report 2021.
HeidelbergCement is one of the world’s largest integrated manufacturers of building materials and solutions, with leading market positions in aggregates, cement, and ready-mixed concrete. More than 51,000 employees at nearly 3,000 locations in over 50 countries deliver long-term financial performance through operational excellence and openness for change. At the center of actions lies the responsibility for the environment. As forerunner on the path to carbon neutrality, HeidelbergCement crafts material solutions for the future.
Group Spokesman, Director Group Communication & Investor Relations
Tel: +49 6221 481 13249
Fax: +49 6221 481 13217
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SOURCE: HEIDELBERGCEMENT AG