HeidelbergCement boosts its dividend

Bymc2008

Updated Tue, 22 Mar 2016 09:47:18 GMT

According to the latest report by Reuters, HeidelbergCement hiked its dividend by 73% after increasing 2015 net profit by two thirds.

It forecast investment of €1.1 billion this year and reported that strength in Britain and the United States was outweighing weakness in Asia.

HeidelbergCement earlier reported 2015 results and a dividend increase that lifted its shares 1.3% to the top of the German blue-chip index.