Stabilus SE Approves Dividend and Appoints New Board Member

At its Annual General Meeting, Stabilus SE approved a dividend of €1.15 per share for the 2024 fiscal year. This results in a total dividend payment of €28.4 million, reflecting a payout ratio of 40%. The prior year's dividend was €1.75 per share, amounting to €43.2 million with a 42% payout ratio.

The meeting also concluded with the election of Kai-Uwe Knickmann to the Supervisory Board, succeeding Dr. Joachim Rauhut. Mr. Knickmann holds extensive experience in the automotive sector, including his roles at Mann + Hummel and KOSTAL Automobil Elektrik GmbH & Co KG.

The event saw 84% equity representation, and detailed resolution outcomes will be published on the Stabilus website. With headquarters in Koblenz, Stabilus SE continues to be a major provider of motion control solutions globally, serving diverse industries.