ThyssenKrupp Resumes Dividend on First Profit in 4 Years

ThyssenKrupp AG, Germany’s largest steelmaker, reported the first annual profit in four years after selling a U.S. plant that was part of the 203-year-old company’s worst investment.

The management and supervisory boards proposed a dividend payment of 11 euro cents a share after no payment in the previous two fiscal years. Resuming the dividend is a “strong signal,” to shareholders, Chief Executive Officer Heinrich Hiesinger, said today in an interview with Bloomberg TV. “It shows our confidence that future earnings will come.”