OMV Executive Board confirms existing dividend policy and adjusts dividend proposal to EUR 1.75 per share
In today's meeting, the Executive Board of OMV Aktiengesellschaft ("OMV") decided to adjust its original proposal for a dividend distribution of EUR 2.00 per share due to the economic environment. The Executive Board of OMV will therefore propose to the Annual General Meeting on September 29, 2020 the payment of a dividend of EUR 1.75 per share in line with the current dividend policy for the financial year 2019 and leave the dividend at the previous year’s level.
OMV CEO Rainer Seele: "In an exceptionally difficult market environment, OMV has shown the stability and financial strength needed to be able to continuously offer our shareholders an attractive dividend."