DGAP-Adhoc: K+S Aktiengesellschaft: Board of Executive Directors and Supervisory Board to propose dividend of EUR 0.25 per

DGAP-Adhoc: K+S Aktiengesellschaft: Board of Executive Directors and 
Supervisory Board to propose dividend of EUR 0.25 per share

K+S Aktiengesellschaft  / Key word(s): Dividend/Dividend

12.03.2014 13:01

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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The Board of Executive Directors and the Supervisory Board intend to
propose to the Annual General Meeting on 14 May 2014 to deviate from the
company's basic dividend policy due to the not yet overcome uncertainties
in the market for potash and magnesium products and the considerable
capital expenditure in the upcoming years.

It is intended to pay a dividend per share of EUR 0.25. This equates to a
payout of EUR 47.9 million (191,400,000 ordinary shares) or a payout ratio
of 11% (based on the adjusted group earnings after taxes, including
discontinued operations).

K+S pursues an essentially earnings-based dividend policy. According to
this, a dividend payout ratio of 40% to 50% of adjusted group earnings
after taxes (including discontinued operations) forms the basis for the
amount of future dividend recommendations to be determined by the Board of
Executive Directors and the Supervisory Board. The company has already
stated in the Q3 2013 quarterly financial report (published 14 November
2013) that a deviation from the dividend policy may not be ruled out for
fiscal year 2013 for the above mentioned reasons.

The company intends to return to the basic dividend policy as soon as
possible.


12.03.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      K+S Aktiengesellschaft
              Bertha-von-Suttner-Str. 7
              34131 Kassel
              Germany
Phone:        +49 561 9301 0
Fax:          +49 561 9301 2425
E-mail:       investor-relations@k-plus-s.com
Internet:     www.k-plus-s.com
ISIN:         DE000KSAG888
WKN:          KSAG88
Listed:       Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
              Standard), Hamburg, Hannover, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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