EnergyWatch

Vestas sends EUR 289 million to shareholders

Despite excitement over the share price development, the Danish wind turbine manufacturer has no plans for a stock split.

Photo: Joachim Ladefoged

Vestas' shareholders can look forward to receiving EUR 289 million in dividends – before taxes – after the profit distribution was approved Thursday at the company's general assembly.

The profit for 2016 came to EUR 955 million, EUR 289 million of which will be paid out as dividends. This corresponds to DKK 9.71 (EUR 1.3) per share and 30 percent of the company's profit.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

EU to address stalled Danish nearshore wind project

Developer European Energy has received a positive response from the EU regarding project Omø Syd, which is currently on hold due to considerations over migratory birds. The European Parliament has now requested that the Commission launch an investigation into the matter.

Board reshuffle to boost Obton

The Danish solar investor has appointed new board members and now aims to quadruple its photovoltaic business ahead of 2025.

Further reading

Related articles

Trial banner

Latest News

See all jobs