Written answers
Tuesday, 26 November 2013
Department of Public Expenditure and Reform
Semi-State Bodies Dividends
Eoghan Murphy (Dublin South East, Fine Gael)
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281. To ask the Minister for Public Expenditure and Reform further to Parliamentary Question No. 244 of 12 November 2013, in respect of the NewERA strategy, if he has devised a strategy for the payment of dividends by State-owned companies to the Exchequer for the next five years. [50199/13]
Brendan Howlin (Wexford, Labour)
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In general, dividends of 30% of profits after tax have been sought of State companies in recent years. My Department, working with other relevant Departments and NewERA, is at present working on a range of shareholder considerations, including developing a new dividend policy for commercial state companies.
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