Greyhound board hasn't paid a dividend to State in 25 years

The body with responsibility for greyhound racing has not paid a dividend to the State for 25 years, despite its status as a commercial semi-state company. Bord na gCon, the Irish Greyhound Board, confirmed to the Irish Examiner it has paid no dividend from profits after tax to its shareholder, the State, in that time.

While commercial semi-state bodies are under no legislative onus to provide dividends, in recent years, since the introduction of the New Economic Recovery Authority in 2011, a return of 30% from such bodies has become the expected norm.