SAP CFO Brandt Says Company to Spend EU600 Million on Dividend

By Chris Malpass
March 2 (Bloomberg) -- SAP AG Chief Financial Officer Werner Brandt said the company plans to propose spending 600 million euros ($756 million) in dividend payments, Frankfurter Allgemeine Zeitung reported, citing an interview.
SAP aims to ensure that it will always have a liquidity reserve of about 1.5 billion euros even as a syndicated credit line of 1 billion expires in November, Brandt said. Last Updated: March 2, 2009 01:32 EST