Government seeks rise in state firms’ dividends

The government is to seek a significant increase in dividends from commercial state companies next year, possibly raising up to €300 million.

16th August, 2008

The government is to seek a significant increase in dividends from commercial state companies next year, possibly raising up to €300 million.

The move is believed to be under negotiation as part of the estimates process under which the government is planning its finances for 2009.

Currently, dividend policy from state companies varies widely, and the Department of Finance is believed to be pushing to standardise this.

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