Michele Kearney's Nuclear Wire
Major Energy and Environmental News and Commentary affecting the Nuclear Industry.
Thursday, February 18, 2016
Germany's RWE suspends dividends
Germany's RWE suspends dividends
Essen, Germany (UPI) Feb 17, 2016 -
German energy company RWE said it was
moving on a proposal to suspend dividends for common shares in order to
move through "difficult times."
The company said it recorded a net loss of around $225 million for the
year, saying its operating earnings collapsed despite earnings from its
renewables division that more than doubled. RWE said that, along with
crude oil prices, the conventional ...
morehttp://www.nuclearpowerdaily.com/reports/Germanys_RWE_suspends_dividends_999.html
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