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Bayer raises dividend for 2007 to euro1.35 per share

Bayer raises dividend for 2007 to euro1.35 per share

Drug and chemical maker Bayer AG said Tuesday it will raise its dividend for 2007 to euro1.35 (US$2) per share, ahead of its earnings report for the year expected later this week.
The Leverkusen-based company's supervisory board approved the 35 percent increase on the annual dividend for 2006, Chairman Werner Wenning said in a statement.
"2007 was a very good year for Bayer and we would like our stockholders to participate appropriately in this success," Wenning said.
Bayer is to report its earnings for the fourth quarter and the full year on Thursday.
Shares of Bayer rose 1.5 percent to euro54 (US$80.01) in Frankfurt trading.
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http://www.bayer.com


Updated : 2021-04-11 16:16 GMT+08:00