Aurubis AG cuts dividend by 9.1%
German copper producer Aurubis will lower its annual dividend from €1.10 to €1 per share.
Net profit halved for the fiscal fourth quarter due to continued weakness in copper scrap markets, according to the German company.
Aurubis now proposes a dividend of €1 for fiscal 2014 versus €1,10 for 2013. The indicated dividend yield for Aurubis is 2.2%. The ex dividend date is March 20th 2015.
Net profit halved for the fiscal fourth quarter due to continued weakness in copper scrap markets, according to the German company.
Aurubis now proposes a dividend of €1 for fiscal 2014 versus €1,10 for 2013. The indicated dividend yield for Aurubis is 2.2%. The ex dividend date is March 20th 2015.
