Written answers

Wednesday, 9 November 2005

Department of Finance

Semi-State Bodies

8:00 pm

Photo of Jim O'KeeffeJim O'Keeffe (Cork South West, Fine Gael)
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Question 183: To ask the Minister for Finance the general policy which he advocates in relation to dividend payments by commercial State companies. [33160/05]

Photo of Brian CowenBrian Cowen (Laois-Offaly, Fianna Fail)
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The question of dividend payment is a matter for the board of each company. I expect the board would give due consideration to the views of the shareholder on the issue of dividends in the context of its deliberations on that matter. Expectations in relation to dividend receipts vary from company to company depending on the company's financial position generally and its capital investment requirements etc.

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