News
2025-01-08 12:15:00.0 - 2025-01-08 12:15:00.0 UTC +01:00Iberdrola raises its interim dividend by 14.4% and will pay out €0.231 gross per share
Iberdrola raises its interim dividend by 14.4% and will pay out €0.231 gross per share [PDF] - Iberdrola will distribute €0.231 gross per share as an interim dividend against 2024 results
- This is 14.4% more than the €0.202 per share distributed on account of 2023. the final dividend will be added to this amount once approved at the General Shareholder Meeting
Iberdrola's interim dividend for 2024 will amount to € 0.231 gross per share as reported today to the Spanish National Securities Market Commission (CNMV). Investors opting for the cash dividend will receive the corresponding amount on 31 January.
The company once again offers its shareholders three options with this edition of Iberdrola Retribución Flexible: to receive in cash the amount corresponding to the interim dividend - the aforementioned gross €0.231 per share -; to sell their allocation rights on the market; or to obtain new bonus shares in the group free of charge.
This interim dividend for the 2024 financial year will be completed with the final dividend that the company expects to pay in July if approved by the company's General Shareholder Meeting.
Shareholders who opt for the option to receive new shares must hold 58 free-of-charge allocation rights to receive a new company share.
The three options - to receive the interim dividend in cash, to sell the rights on the market or to receive new Iberdrola shares – can be mixed and matched, so the shareholder could choose one of the alternatives or combine them according to his or her preferences.
The Iberdrola Retribuciónn Flexible system assigns the option to receive new shares by default, so those shareholders who prefer to receive their remuneration in cash should notify their bank between 10 and 23 January.
To implement this new round of the remuneration system, a capital increase with a maximum reference market value of €1,495 M will be carried out.
Calendar of the "Iberdrola Retribución Flexible" programme January 2025
The amount of the interim dividend per share and the number of rights required to receive one bonus share are disclosed.
9 January 2025
Last day shares entitled to participate in the dividend are traded.
10 January 2025
The Common Election Period begins for shareholders to decide whether to receive the interim dividend or free shares, and the trading period for free allotment rights begins.
23 January 2025
Last day of the Common Election Period and of the rights trading period.
31 January 2025
Delivery of shares and payment of interim dividend.
5 February 2025
New shares start trading.