“RWE subsidiary Innogy lures investors with high dividend”
Spiegel Online / Bloomberg
Energy company RWE’s new green subsidiary Innogy will in the future pay between 70 and 80 percent of its adjusted net income to shareholders, Spiegel Online reports. The dividend will be paid in full in 2016, the company said at an investor meeting in London. RWE will hold on to 90 percent of shares in Innogy. Innogy is to be listed on the stock market this year.
Read the Spiegel Online report in German here and a Bloomberg article in English here.
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