Vonovia increases dividend by 6% from last year, names board member

German real estate company Vonovia SE raised its dividend by 6% from last year and named a new member to its supervisory board.

Vonovia’s annual general meeting for 2023 approved the management and supervisory boards’ proposal to pay €0.90 dividend per share, a slight increase from €0.85 last year, according to a May 8 news release. Shareholders could again choose between traditional cash dividends and scrip dividends, the company said.

Vonovia shareholders named Birgit Bohle as a member of the supervisory board, the news release added. Bohle succeeds Christian Ulbrich, who automatically stepped down at the end of the annual general meeting.

 

Clara Streit, Chair of Vonovia’s supervisory board, said:

“I’d like to extend a warm welcome to Birgit Bohle, and I look forward to working with her. We’re still living in challenging times, and so I’m all the more pleased that, by gaining Birgit Bohle, we are continuing to widen our expertise in two important fields of action: digitisation and sustainability.”

Frankfurt-based PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft was appointed as auditor for this financial year.

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