Yet another company that realises that their shareholders are happier when they see more of their money back.
Why is it that companies usually only remember their shareholders' happiness when there is some sort of takeover involved and they are looking for their shareholders' support.
Coincidence or empire building-management?
Onésimo Alvarez-Moro
See article:
Suez, the French utility, on Thursday reported better than expected results for the 2005 full year and raised its annual dividend by 25 per cent ahead of its planned merger with government-backed utility Gaz de France.
Suez had already offered a €1 special dividend linked to the €73bn ($87bn) GdF merger plan. On top of that, it announced a 15 per cent rise in the ordinary annual dividend in January. It has now bettered that with a 25 per cent increase to €1 per share.
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