German DAX-index member Heidelberg Cement (HEI.XETRA) has published its FY 2019 results. Earnings per share are up 23% at 6.40 euros. Also, a dividend per share increase has been announced of 2.20 euros per share from 2.10 euros. This is the 10th consecutive dividend increase. The current dividend yield is above 6%. and this is representing a payout rate of 40%.
The building materials supplier reported earnings up 16% at 3.6 billion euros and revenues that are up 4% at 18.9 billion euros.
