Looking for new owners, MVV Energie keeps dividend stable

MVV Energie AG

10/12/2019 09:05

FRANKFURT, Dec 10 (Reuters) - German regional utility MVV
Energie  MVVGn.DE , which is looking for new owners for a 45.1%
stake that has been put up for sale, on Tuesday said it would
keep its dividend stable for the 12th consecutive year.
    The group said it would propose a dividend of 0.90 euros per
share for 2018/19. Peers EnBW  EBKG.DE  and RheinEnergie
 RHEI.UL , which jointly hold a 45.1% stake in MVV, earlier this
year said they were looking to sell.  urn:newsml:reuters.com:*:nL8N27R335
    

 (Reporting by Christoph Steitz and Vera Eckert; editing by
Thomas Seythal)
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