Heidelberg Materials plans to increase dividend by 10% to €3.30 per share

Subject to the approval of the shareholders, this corresponds to an increase of €0.30 per share or 10% compared to the previous year’s dividend of €3.00 per share. Based on the Heidelberg Materials share price of €119.3 as at 31 December 2024, the dividend yield is 2.8%.

Following a very good financial year, Heidelberg Materials is continuing its progressive dividend policy ensuring that its shareholders participate adequately in the success of the company. Heidelberg Materials strong focus on shareholder returns is also reflected in the share buyback programme that already started last year with a total amount of up to €1.2 billion until 2026. As part of the first of three tranches, shares at a total price of about €350 million were already acquired in November 2024 and cancelled in February 2025. The second tranche is planned to start immediately after the Annual General Meeting held in May 2025.

Annual and Sustainability Report for the 2024 financial year published

Heidelberg Materials have also published its combined Annual and Sustainability Report for the 2024 financial year. For the first time, Heidelberg Materials' reporting was prepared considering the CSRD disclosure requirements. As a result, Heidelberg Materials expanded the scope and now reports even more comprehensively than in previous years on policies, actions, targets, and metrics around ten sustainability topics that are relevant to Heidelberg Materials. In this context, measures to achieve the SBTi-validated CO₂ reduction target of net-zero emissions by 2050 are explained, among others.

Read the article online at: https://www.worldcement.com/europe-cis/25032025/heidelberg-materials-plans-to-increase-dividend-by-10-to-330-per-share/