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Stocks V / Vivendi SA ADS
|Subject: Divident news||Date: 9/24/2003 8:00 AM|
|Author: tennjed33||Number: 112 of 121|
Far off on the future, but a good sign that they're at least thinking about it and planning for it
Vivendi says likely to pay dividend in 2005
French media-to-telecoms group Vivendi Universal (Paris:EAUG.PA - News) said on Wednesday that the company would very likely begin paying a dividend again in 2005.
Vivendi Chairman Jean-Rene Fourtou said the dividend would apply to the company's 2004 financial year.
Fourtou also told reporters at a news conference here that Vivendi would become an "investor" again, rather than a seller of assets, from 2005. He said he could stay in his position at the helm of the company beyond 2004, later than previously forecast.
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