May 24, 2016 / 9:36 AM / a year ago

BRIEF-Hornbach Holding proposes div of 1.50 eur/shr for 2015/16

May 24 (Reuters) - Hornbach Holding

* Says proposes dividend of 1.50 eur per common share for 2015/16

* Says hikes payout ratio to 30 percent from 14 percent after change to KGaA

* Says 2015/16 EBIT down 17 percent at 138 million eur Further company coverage:

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