Eni To Deliver "Superior" Dividend Yield Vs Peers - CFO
April 24 2009 - 7:00AM
Dow Jones News
Eni SpA (E), Italy's biggest energy company by market value,
will pay a "superior" dividend yield, beating that of its peers,
Chief Financial Officer Alessandro Bernini said Friday.
With "superior" Eni means a which will be "higher" than its peer
group, which includes rivals such as Total SA (TOT), the CFO said
on a conference call to comment on first-quarter results.
The CFO declined to give a specific monetary value for future
dividends.
Eni has said it plans to pay a dividend of EUR1.30 a share on
its 2008 profits.
Company Web site: www.eni.it
-By Liam Moloney, Dow Jones Newswires; +39 06 6976 6924;
liam.moloney@dowjones.com