Ørsted Targets Dividend Comeback After Two Brutal Years ...Middle East

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Ørsted Targets Dividend Comeback After Two Brutal Years
source : OILPRICE ( Middle East ) () 9
Ørsted targets to reinstate dividends for the financial year 2026, the world’s largest offshore wind developer said on Friday, signaling it may have turned a corner from the worst of the past two years that saw hefty losses, soaring costs, and the U.S. Administration’s hostility to offshore wind. “We will not pay dividends for the financial year 2025, but it is our target to reinstate dividends for the financial year 2026,” Ørsted said in its annual report for 2025, published on Friday. The company reiterated…

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