Financial Times FT.com

Porsche to pay large dividend thanks to VW stake building

By Daniel Schäfer in Munich

Published: November 4 2008 02:00 | Last updated: November 4 2008 02:00

Porsche is set to pay another large special dividend this year due to huge profits made by the German sports carmaker through its contentious stake building at Volkswagen.

People familiar with the matter said it was "realistic to expect" that the southern German car company would pay a special dividend for the fiscal year 2007/2008, which ended on July 31. They said any extraordinary dividend would presumably be higher than last year.

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