Fear of the loss of dividends

Dhe profit distribution for the past financial year has already fallen victim to the corona crisis in many companies. More and more public companies cut their dividends. MTU Aero Engines and Lufthansa are included in the Dax. The car rental company Sixt, the printing press manufacturer Koenig & Bauer, and the steel dealer Klöckner have taken similar steps. The German financial regulator Bafin has now asked banks to handle their capital resources carefully. Institutions should refrain from buying back shares and carefully consider dividends, profits and bonuses. This affects Commerzbank and Aareal Bank.

Markus Frühauf

Johannes Ritter

Deutsche Bank cut the dividend after losing billions. Commerzbank wanted to propose to its shareholders a dividend of EUR 0.15 per share. On Wednesday, a spokeswoman said: “We’ll look at it closely and then make responsible decisions.”

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