Deutsche Post boss says higher dividend possible
The head of Deutsche Post AG, Klaus Zumwinkel, has confirmed that a higher dividend payment from the postal and logistics group was possible if results improved this year.
“It depends on this year’s results,” Zumwinkel said at a Deutsche Post event in Berlin. “My finance chief (Edgar Ernst) has already said that in the event of an appropriate rise in earnings we will pay a higher dividend.”
After paying a dividend of €0.40 per share last year when earnings before interest, tax and amortisation (EBITA) came in at €2.4 billion, Deutsche Post is forecasting operating profits of at least €2.9 billion for this year.
