Dáil Éireann Debate, Tuesday - 13 June 2023
414. Deputy Eoin Ó Broin asked the Minister for Public Expenditure, National Development Plan Delivery and Reform if he will provide a breakdown of dividends paid into the Exchequer central fund and dividends not paid into the Exchequer for each dividend-paying commercial state body for the years 2009 to date, in tabular form. [27718/23]
View answerMy colleague, the Minister for Finance, has provided details of dividends from commercial state bodies paid into the Central Fund from the years 2009 to date in the table below:
It is Government policy that commercial State companies should pay a dividend to the State. NewERA, in conjunction with the relevant Government Departments, has developed a Shareholder Expectations Framework which is intended to provide clarity and guidance for each of the companies within its remit in relation to the Government's strategic priorities, policy objectives, and financial performance and reporting requirements. One of the key areas addressed as part of this shareholder expectations framework is dividend policy which seeks to strike an appropriate balance between the payment of dividends and re-investment in the business. The dividend policy in respect of each individual commercial State company is a matter in the first instance for their parent Government Department.
