BASF to pay special dividend
EK 45 to be paid to shareholders
Thus, in addition to the dividend reflecting business development, there will be a special dividend of EUR 0.7 per share. "We want our shareholders who are subject to German income or corporation tax to be credited in full with the 45 percent corporation tax paid by the company," is how Max Dietrich Kley, deputy chairman and chief financial officer of BASF Aktiengesellschaft, explained the company's intention.
For 1999, BASF paid a dividend of EUR 1.13 per share. The Board of Executive Directors of BASF Aktiengesellschaft will propose the dividend for 2000 in the spring of 2001.
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