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Article: Equita lifts Hera dividend projections to EUR 0.11 P/S in 2011.
- Article from:
- ADP News Italy
- Article date:
- September 21, 2009
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(ADPnews) - Sep 21, 2009 - Equita raised its dividend estimate on Italian regional utility Hera SPA (BIT:HER) by 13% to EUR 0.11 per share for 2011.
Hera, which had proposed a 2008 dividend unchanged at EUR 0.08, targets to have EUR 0.11 dividend per share at the end of its business plan through 2013. However, the management's commitment is to reach a EUR 0.11 dividend as early as in 2011.
Equita, which has abuya on the stock with a share price target at EUR ...