RWE’s earnings were up 7 per cent year on year, according to its latest half year results announcement, thanks in part to compensation granted to the utility for an illegal nuclear tax imposed by the German government, and solid gas power generation performance.
Both RWE and E.ON got a huge boost earlier this year when Germany’s highest court ruled that a nuclear fuel tax imposed on the utilities was unconstitutional.
RWE’s chief financial officer Markus Krebber said the company would pay an ordinary dividend of €0.50 per share for 2017 as well as a special dividend of …read more