March 10, 2017 / 2:58 PM / 5 months ago

BRIEF-GfK proposes to pay no dividends for the financial year 2016

1 Min Read

March 10 (Reuters) - Gfk SE:

* Management board and supervisory board propose to the annual general meeting to pay no dividends for the financial year 2016

* Decision is consistent with company's dividend strategy to distribute approximately 25-35 pct of group's profits as a dividend to shareholders, which in last financial year only amounted to around 0.5 million euros ($531,400.00) Source text for Eikon: Further company coverage: ($1 = 0.9409 euros) (Gdynia Newsroom)

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