Lufthansa says dividend payout may be limited this year

30 Oct, 2014

BERLIN: Lufthansa said falling interest rates and the costs involved with outsourcing part of its IT division may limit the size of its dividend payment this year.

Lufthansa is working on a new dividend policy after changing the way it depreciates its aircraft.

Chief Financial Officer Simone Menne told analysts and journalists on Thursday that management would discuss dividend policy at a board meeting in December.

Lufthansa will also provide more details of its planned new long-haul low-cost brand at that time, Chief Executive Carsten Spohr said.

Copyright Reuters, 2014

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