Eni Raises Dividend, Production Targets

In its 2018-2021 plan, the major said it would pay a dividend this year of 0.83 euros per share compared to 0.80 euros on last year's results.

It also said a share buyback remained an option to distribute excess cash versus a leverage target of 0.20-0.25. Oil and gas output over the period will grow an average of 3.5 percent per year compared to the 3 percent target in the previous plan.