| 11.3°C Dublin

One-off dividend of €8m by Port

DUBLIN Port Company has paid out a dividend to the state of about €8m based on its financial results for last year.

The payment is in line with the company's commitment to making a dividend payment of 30pc of profit after tax annually.

It follows the total dividend payment of €15m last year, which included a once-off special dividend of €8m. It brings the total amount of payments by the port to €69.8m over the last eight years. "I commend Dublin Port Company on its financial performance in 2013.

The fact that Dublin Port is capable of making a significant return to the Exchequer is testament to the Board, management and employees," Minister Leo Varadkar (above) said.

"The port continues to play a crucial role in the economy at national and local level."