The General Meeting of Miba AG today decided to distribute a dividend of 2.50 Euros per share (previous year 3.00 Euros) for the fiscal year 2009-10. Based on the share price at the balance sheet date (January 31, 2010), this represents a dividend yield of 3.1 percent.
The 24rd Annual General Meeting held on June 25, 2010 decided to distribute a dividend of 2.50 Euros per common and preferred share for the fiscal year 2009-10 (as at January 31, 2010). By reducing the dividend from 3.00 to 2.50 Euros per share, Miba is taking the general economic situation into account. In addition, it underscores the company's continuity in paying dividends and gives shareholders an appropriate return on the capital they have invested. July 7, 2010 was set as the date of payment for the dividend.