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Merck KGaA Approves Dividend Increase

Shareholders approve 14% dividend increase to €1.20.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Merck KGaA, Darmstadt, Germany, announced that at its 22nd Annual General Meeting, shareholders approved a dividend increase of €0.15 or 14% to €1.20 per share. Merck KGaA, Darmstadt, Germany, has thus raised the dividend every year since 2011.
 
The Annual General Meeting approved the actions of the members of the Executive Board and of the Supervisory Board for fiscal 2016 by a significant majority and approved all of the resolutions, with the exception of agenda item 7. This related to
the resolution on the approval of the compensation system for the Executive Board. Although as a Kommanditgesellschaft auf Aktien (corporation with general partners), it is not legally required to do, Merck KGaA, Darmstadt, Germany, presented the compensation system for Executive Board members, which was adapted with effect from January 1, 2017, to the Annual General Meeting for approval. The company takes feedback from its shareholders seriously and will closely analyze the criticism.

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