VAT Group AG Approves Dividend for 2020, Payable on May 25, 2021
May 18, 2021 at 11:51 am
Share
Shareholders of VAT Group AG approved the payout of a dividend of CHF 4.50 per registered share, CHF 2.25 from accumulated gains and CHF 2.25 from reserves from capital contributions. The dividend will be paid on May 25, 2021. The last trading day with entitlement to receive a dividend is May 19, 2021 and VAT shares will be traded ex-dividend as of May 20, 2021.
VAT Group AG is a Switzerland-based company engaged in the manufacture of industrial valves. The Company focuses on designing and producing vacuum valves for semiconductor, display and solar panel manufacturing, as well as for a range of industry and research applications. Its activities are divided into three business areas: Valves, Global Services and Industry. The Valves division provides isolation, control and transfer valves used in vacuum-based manufacturing processes. The Global Services area offers advisory and after sales services, such as trainings, equipment repair and overhaul, valve upgrade and spare parts sale. The Industry segment manufactures and markets welded bellows, machine parts, mechanical components and assemblies. The Company operates worldwide.