More dividends for HHLA's shareholders
The Hamburger Hafen und Logistik AG (HHLA, Germany) will raise the dividend per listed class A share to EUR 0.80. This figure is 19.4 % higher than in the previous year. EUR 56 million will thus be distributed to the shareholders of the port logistics subgroup for the financial year 2018.
Angela Titzrath, who chairs HHLA’s executive board, explained that HHLA had again experienced profitable growth and become more international by purchasing TK, Estonia’s largest terminal operator.
For the subgroup real estate, which is not listed on the stock exchange, the annual general meeting (AGM) decided to pay out dividends of EUR 2.10 per class S share, an increase of 5% compared to the EUR 2.00 of FY 2017. This amounts to a total of EUR 5.7 million. All of the S class shares are held by the city of Hamburg.
Furthermore, the AGM appointed Prof. Dr. Burkhard Schwenker, chairman of the Roland Berger advisory council, as a new member of the supervisory board. (kd)