This excerpt taken from the ENI 6-K filed Mar 10, 2006.
DIVIDEND POLICY FOR YEAR 2006
The Board of Directors has the intention to propose to the Ordinary Shareholders Meeting , to be held in the first quarter of 2007, to distribute a definitive dividend equivalent to 60% of the payable net income (*) registered as of December 31, 2006.
The Board also has the intention of paying an interim dividend equivalent to 15% of the accumulated net profits registered as of October 31, 2006. This Interim dividend would be paid in December 2006.
The definitive dividend will correspond to the one agreed by the Ordinary Shareholders Meeting to be held during the first quarter of 2007.
The accomplishment of the abovementioned proposition will be subject to the effective net income registered, as well as to the results of projections regularly made by the company or to the existence of certain conditions.