May 11, 2018 / 6:20 AM / 3 months ago

BRIEF-Mediobanca says to trim Generali stake to 10 pct by June 2019

May 11 (Reuters) - Mediobanca CEO Alberto Nagel tells media call:

* DIVIDEND IN CURRENT YEAR TO BE BASED AT HIGHER END OF 40-50 PERCENT RANGE FOR PAYOUT RATIO

* CONFIRMS INTENTION TO GO DOWN TO 10 PERCENT STAKE IN ASSICURAZIONI GENERALI BY JUNE 2019 Further company coverage: (Reporting By Mark Bendeich)

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