Bloomberg News

Nestle, L’Oreal, MAN May Raise Dividends; BNP Paribas May Cut

February 12, 2012

Feb. 10 (Bloomberg) -- Nestle SA, MAN SE and L’Oreal SA are among companies that may increase dividends next week, while BNP Paribas SA may decrease its payout, according to data compiled by Bloomberg.

Nestle, the world’s biggest food company, will raise its regular cash dividend by 5.4 percent to 1.95 francs, according to Bloomberg Dividend Forecasts that factor in earnings and options prices. L’Oreal, the largest cosmetics company, may lift its dividend by 11 percent to 2 euros, the data show.

BNP Paribas, France’s biggest bank, may cut its dividend by 29 percent to 1.50 euros, according to Bloomberg data. MAN SE, a German truckmaker, might lift its dividend by 25 percent to 2.50 euros, the data show.

Bloomberg data also forecasts increased dividends next week for: Anglo American Plc, Svenska Handelsbanken AB, Eni SpA, ABB Ltd., Heineken NV, Saipem SpA, Swedbank AB, Akzo Nobel NV and SES, the world’s largest publicly traded satellite operator.

Companies in the Stoxx Europe 600 Index may boost dividends per share by 17 percent in the next 12 months, according to estimates compiled by Bloomberg. Earnings-per-share will grow 21 percent on average, the data show.

--Editors: Alan Soughley, Andrew Rummer

To contact the reporter on this story: Adria Cimino in Paris at acimino1@bloomberg.net

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net


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