Sunday, March 4, 2007

300 Million Dividend Income for Li Ka-shing

Another Husky Energy payout means more cash for Li

Tue Feb 6, 2007 5:19pm ET

By Jeffrey Jones

CALGARY, Alberta, Feb 6 (Reuters) - Hong Kong billionaire Li Ka-shing and his companies will pocket C$300 million ($254 million) in dividends from his lucrative majority investment in Canadian energy firm Husky Energy Inc.

Husky, the country's No. 4 oil producer and refiner, said late on Monday it will pay nearly C$425 million in regular and special dividends in early April.

More from this Reuters report

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