Vivendi to Pay Interim Dividend in Kind
September 14 2021 - 12:42PM
Dow Jones News
By Cecilia Butini
Vivendi SE said Tuesday that its management board decided to pay
out an interim dividend in kind adding to a previously approved
special dividend in kind of 5.3 billion euros ($6.26 billion).
The combination enables the distribution in kind of up to 60% of
the Universal Music Group share capital to Vivendi shareholders on
Sept 21, the company said.
It added that the interim dividend in kind will be paid out of
the company's June 30, 2021 earnings.
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
September 14, 2021 12:27 ET (16:27 GMT)
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