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Drägerwerk AG & Co. KGaA Increases Dividend and Joins TecDAX

Stock price chart of Drägerwerk AG & Co. KGaA (EBR:DRW8) showing fluctuations.

Drägerwerk AG & Co. KGaA held its Annual Shareholders' Meeting in Lübeck, where several strategic decisions were made. Notably, the shareholders approved an increased distribution of dividends for the 2024 fiscal year. Common shares will receive EUR 1.97 each, while preferred shares will get EUR 2.03, both up from the previous year's dividends. This increase reflects a successful year marked by robust operations and improved profitability.

The inclusion of Dräger's preferred shares in the TecDAX was also confirmed, signaling the company's strong position in the technology sector. This move aims to boost the company's visibility and attract more investor attention.

Furthermore, Dräger's annual meeting saw the election of Dr. Peter Bartels to the Supervisory Board, succeeding Dr. Reinhard Zinkann from July 1, 2025. The company's focus on profitability, sustainability, and innovation remains a priority as emphasized by the Executive Board during the meeting.

R. H.

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