Henri Proglio, CEO of French state-owned utility EDF, arrives at a presentation of the company's 2012 annual result in Paris

Reuters
Henri Proglio, CEO of French state-owned utility EDF, arrives at a presentation of the company's 2012 annual result in Paris
Henri Proglio, chief executive of French state-owned utility EDF, arrives at a presentation of the company's 2012 annual result in Paris February 14, 2013. French utility EDF surprised markets on Thursday with a dividend increase and reduction in its gearing following a deal with the government on renewable subsidies. EDF will offer to pay a 1.25 euro-per-share dividend on 2012 earnings, up from 1.15 euros on 2011 earnings and higher than consensus forecasts for a flat dividend. Shareholders will be offered the chance to receive the extra 10 cents in shares. REUTERS/Philippe Wojazer (FRANCE - Tags: BUSINESS ENERGY)
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