BASF Proposes Stable Dividend of 3.40 Euros Per Share for 2023 Business Year
Key Highlights:
- BASF's financial strength supports proposed stable dividend.
- Dividend of 3.40 euros per share approved at the Annual Meeting.
- Total dividend payout of 30 billion euros.
- Ex-dividend date: April 26, 2024.
- Payment date: April 30, 2024.
Strong Financial Performance:
BASF has had a strong financial performance, enabling it to propose a stable dividend for the 2023 business year. The company had a solid start to 2024, presenting positive figures for the first quarter.
Stable Dividend:
The proposed dividend of 3.40 euros per share represents a continuation of BASF's commitment to providing shareholders with a stable and attractive return on their investment.
Total Payout and Timing:
The total dividend payout for the 2023 business year will be approximately 30 billion euros. The ex-dividend date, when shares trade without the dividend entitlement, is set for April 26, 2024. The payment date, when shareholders receive the dividend, is scheduled for April 30, 2024.
Shareholder Approval:
The dividend proposal was approved at BASF's Annual Meeting in April 2024. Shareholders welcomed the company's financial strength and its commitment to a stable dividend payout.
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