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Home News Heidelberg Materials plans to increase dividend by 8% to €2.60

Heidelberg Materials plans to increase dividend by 8% to €2.60

by Guy Woodford
March 24, 2023
in Europe, News
Reading Time: 1 min read
A A
Heidelberg Materials is planning to confirm at its AGM a dividend of €2.60 per share for the 2022 financial year

Heidelberg Materials is planning to confirm at its AGM a dividend of €2.60 per share for the 2022 financial year

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Heidelberg Materials is continuing its progressive dividend policy with its managing and supervisory boards proposing at the 11 May annual general meeting to distribute a dividend of €2.60 per share for the 2022 financial year. Subject to the shareholders' approval, this corresponds to an increase of 8% compared to the previous year's dividend of €2.40 per share. Based on the HeidelbergCement share price as of 31 December 2022, the dividend yield is 4.9%.

Heidelberg Materials has also published its Annual and Sustainability Report for the 2022 financial year this week. The report combines the company’s financial reporting with detailed information and key figures on environmental, social and governance (ESG) for the first time. It considers reporting standards such as GRI, SASB, and TCFD, among others. To underpin Heidelberg Materials’ pioneering role in decarbonising the building materials sector and to confirm the quality of the key climate indicators, the specific net CO2 emissions, the clinker ratio, and the alternative fuel rate were audited with reasonable assurance for the first time.

The Annual and Sustainability Report 2022 is available for download under Reports and Presentations (heidelbergmaterials.com).

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