Daimler Could Raise Dividend, CFO Says - Report
December 20 2014 - 11:21AM
Dow Jones News
FRANKFURT--Luxury-car maker Daimler AG (DAI.XE) could increase
its dividend given its recent profit growth, Chief Financial
Officer Bodo Uebber tells German daily Boersenzeitung in an
interview published Saturday.
"Without pre-empting the supervisory board, the better operating
result [for 2014] is a good base for suggesting a higher payout,"
Mr. Uebber says.
Daimler paid a dividend of 2.25 euros ($2.75) a share for 2013
and expects to improve earnings before interest, taxes and
depreciation significantly this year.
Mr. Uebber says he is confident the company has set aside
sufficient reserves for a looming fine in connection with a
European Union antitrust complaint for suspected collusion after
adding an additional EUR600 million for the case last week.
Write to Frankfurt bureau at djnews.frankfurt@dowjones.com
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