The Euskaltel Group will distribute an additional dividend of Euros 30 million today
Bilbao, 6 July 2020 . The Euskaltel Group will distribute an additional dividend of Euros 30 million today, on 6 July; Euros 0.17 gross per share outstanding with dividend rights.
The distribution of this additional dividend for the year ended 31 December 2019 was approved at the ordinary general shareholders' meeting held online on 2 June.
It is important to note that Euskaltel?s Board of Directors agreed in October 2019 to pay an interim dividend to the Company?s shareholders against 2019 profits for a gross amount of Euros 0.14 per share, which was paid out on 5 February 2020.
The final dividend to be paid to shareholders against 2019 results will be Euros 0.31 per share. This means that the total dividend amount distributed by Euskaltel is Euros 55 million, representing a return per dividend of 4%.
This is the fourth consecutive year that a dividend has been paid out since the company was floated on the stock exchange in July 2015. Furthermore, this dividend distribution demonstrates the Group's commitment to create shareholder value.
On 22 June, the Euskaltel Group was recognised by its joining the FTSE4Good IBEX sustainability index, one of the most prestigious sustainability indexes in the world, which identifies leading Spanish companies demonstrating good corporate social responsibility practices and which provides investors with information on companies that meet best practice criteria in environmental, social and corporate governance (ESG) issues on a global level.
Joining the FTSE4Good IBEX sustainability index is significant acknowledgement of Euskaltel's efforts to incorporate good corporate governance and sustainability practices into the Group's management and of its commitment to Corporate Social Responsibility issues, which are integrated throughout the organisation and aligned with its objectives.
Euskaltel - Communication
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