“Germany’s RWE to pay special dividend after major tax refund”
Financial Times
German utility RWE confirmed its 2017 forecast after posting a seven percent increase in earnings in the second half of 2017, and announced it would pay a special dividend of 1 euro a share after having received the nuclear fuel tax refund, writes Guy Chazan in an article for Financial Times. RWE still expected to pay an ordinary dividend of 0.5 euros per share for fiscal 2017, said RWE CFO Markus Krebber in a press release. “Above and beyond this, we are planning on paying a special dividend of €1 per share in relation to the nuclear fuel tax refund,” he said.
Read the article in English here and the RWE press release in English here.
For background, read the CLEW dossier Utilities and the energy transition.
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