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Kabel Deutschland Says Investment Is Priority, Boersen Reports

June 29 (Bloomberg) -- Kabel Deutschland Holding AG board member Andreas Siemen said the company’s priority is to invest profits instead of paying a higher dividend, Boersen Zeitung reported, citing an interview.

The newspaper reported that Kabel Deutschland will pay a dividend for the past financial year of 1.50 euros per share.

To contact the reporter on this story: Jeff Black in Frankfurt at jblack25@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net

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