World News

Vivendi shareholders approve dividend of 0.60 euro per share

PARIS (Reuters) – Vivendi’s <VIV.PA> shareholders approved on Monday the payment of a dividend of 0.60 euro per share for the fiscal year 2019, with 99.52% of shareholder votes supporting the plan.

The amount represents an increase of 20% over the dividend paid for the previous fiscal year, Vivendi said in a presentation of resolutions made at the shareholder meeting.

Vivendi’s shareholders also approved the appointment of French billionaire Laurent Dassault as a new member of the supervisory board, chaired by Yannick Bollore.

(This story has been refiled to fix missing word in headline.)

(Reporting by Mathieu Rosemain; Editing by Susan Fenton)