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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Generali Ass | BIT:G | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.24 | 0.98% | 24.84 | 24.75 | 24.90 | 24.90 | 24.69 | 24.72 | 4,682,993 | 16:40:00 |
By Giovanni Legorano
ROME--Italian insurer Assicurazioni Generali SpA (G.MI) said Thursday it plans to raise its dividend payment for 2016 by 11% from a year ago after posting a higher net profit for the period.
The company said it plans to pay a EUR0.80 dividend a share for last year, compared with the EUR0.72 it paid for 2015.
Net profit for the year stood at EUR2.1 billion ($2.2 billion), up 2.5% from the previous year.
The Trieste-based insurer said the net profit was buoyed by improved performance across different segments of the business and lower costs.
Write to Giovanni Legorano at giovanni.leograno@wsj.com
(END) Dow Jones Newswires
March 16, 2017 02:56 ET (06:56 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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