×
By
Reuters API
Published
Feb 3, 2022
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Swiss watchmaker Swatch's board proposes dividend increase

By
Reuters API
Published
Feb 3, 2022

Swiss watchmaker Swatch's board of directors will propose a dividend of 5.50 Swiss francs per bearer share and 1.10 Swiss francs per registered share at the company's annual general meeting on May 24, it said in a statement on Wednesday.


Reuters


That is up from 3.50 francs per bearer share and 0.70 francs per registered share the previous year.

In January the company said it expected double-digit sales growth in local currencies this year after sales and profits recovered in 2021.

© Thomson Reuters 2023 All rights reserved.