TMT SUMMIT: Swisscom Dividend Of CHF21 Is `Reasonable Expectation'
19 November 2010 - 5:42AM
Dow Jones News
Swisscom AG (SCMN.VX) will continue its dividend policy in 2010,
its Chief Executive Carsten Schloter said Wednesday at the annual
Morgan Stanley TMT conference in Barcelona.
"We want to be predictable and we've paid CHF1 more every year,"
hence a dividend of CHF21 for 2010 "is a reasonable expectation,"
Schloter said. Swisscom, in which the Swiss Federation has a 56.94%
stake, has paid CHF20 per share for 2009.
Schloter, however, said that there is no decision yet on an
extra dividend.
-By Archibald Preuschat, Dow Jones Newswires; +49 211 13872 18;
archibald.preuschat@dowjones.com
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