Danone's Scrip Dividend Proposal Is Credit Positive
ISSUER COMMENT CORPORATES FEBRUARY 20, 2017 Danone’s Scrip Dividend Proposal Is Credit Positive From Credit Outlook Last Wednesday, Paris-based Danone (Baa1 stable), the world’s leading dairy products manufacturer, announced its full-year 2016 results, with revenue of €21.9 billion. Additionally, Danone announced its intention to propose a scrip dividend this year, a dividend paid partly in cash a
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