FRANKFURT May 15 The head of Fresenius Medical
Care, the world's largest kidney dialysis provider,
said the group would stick to its policy of annual dividend
gains even though healthcare spending cuts in the United States
will lead to lower earnings in 2014.
"It is very important to us to maintain our continuity in
dividend policy... Our policy was to stick to growth for 17
consecutive (annual) dividends and we would hope there will be a
18th consecutive and 19th consecutive," Chief Executive Rice
Powell told shareholders at the group's annual general meeting.
"We intend to do this in a way that is beneficial to our
shareholders as best we can."
FMC earlier this year forecast a second successive fall in
annual net income, aiming for between $1 billion and $1.05
billion in 2014, down from $1.11 billion last year.
(Reporting by Ludwig Burger; Editing by Arno Schuetze)