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Italgas S p A : raises dividend as 2020 core earnings rise

Message : Required fields MILAN (Reuters) - Italgas will pay a fatter dividend after core earnings last year rose despite the health pandemic and a tougher regulatory framework for gas distribution. Italy s biggest gas distributor said it would pay a dividend on 2020 results of 0.277 euros per share, up 8.2% on the year, as adjusted core earnings rose 7% to 971.4 million euros ($1.16 billion). Adjusted net profit for the year rose 3.5% to 364 million euros. (Reporting by Stephen Jewkes; editing by Agnieszka Flak)

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