02-12-2016 16:35 via uk.news.yahoo.com

EDF mulls lowering dividend payout ratio to max 50 percent - BFM

French utility EDF is considering a cut in the amount of net profit it pays out in dividends, a business website quoted a finance ministry source as saying, as it looks to shoulder a multi-billion euro investment bill in coming years. The website of TV station BFM Business said the state-controlled utility would reduce its dividend payout ratio to a maximum 50 percent of underlying net profit from 2017. EDF declined to comment.
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