Dáil Éireann Debate, Wednesday - 16 January 2013
365. Deputy Kevin Humphreys asked the Minister for Public Expenditure and Reform if he will provide a breakdown of the projected dividends he expects to be remitted to the Exchequer from semi-State companies in 2013 and further to the budgetary documentation if he will indicate where the increased €100 million of dividends will come from; and if he will make a statement on the matter. [1914/13]
View answerI have budgeted for receipts of €204m as Dividends from commercial State companies. While this represents a significant increase in the historically low dividend yield from commercial State companies relative to their current asset base, I believe it represents a reasonable expectation on behalf of the shareholders.
My officials are working, in conjunction with NewEra, to finalise details of the increased dividends, and it would be premature to give a breakdown at this point.
