Daimler Shareholders Approve Annual Dividend Of 2.45 Euros a Share

Daimler AG said Wednesday that shareholders attending its annual meeting in Berlin have approved the payment of an annual dividend of 2.45 euros per share, up from 2.25 euros a year ago, and the highest dividend in the company's history. The new dividend will be paid on April 2 to shareholders of record as of April 1. Shareholders also authorized the car maker to issue convertible bonds and/or bonds with warrants. That authorization is valid until March 31, 2020. Shares were up 0.2% in Frankfurt, and have gained 30.4% in the year so far.