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TotalEnergies Hikes Dividend, Joining Other Energy Majors

By Pierre Bertrand

 

TotalEnergies said it would lift its 2023 dividend, joining the likes of other energy companies such as Shell, BP and Equinor in splashing out on shareholder returns.

The French oil and gas company said it would propose a 2023 dividend of 3.01 euros ($3.24) a share, a 7.1% increase from a year earlier.

The final dividend for 2023 will be EUR0.79 a share, TotalEnergies said.

 

Write to Pierre Bertrand at pierre.bertrand@wsj.com

 

(END) Dow Jones Newswires

February 07, 2024 02:37 ET (07:37 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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