News

2024-06-20 15:00:00.0 - 2024-06-20 15:00:00.0 UTC +02:00

Iberdrola will pay a final dividend of at least €0.348 per share

  • Iberdrola will pay its shareholders at least €0.348 per share as a final dividend charged to 2023 results, according to the terms of the new edition of the "Iberdrola Flexible Remuneration" optional dividend system communicated today by the company to the Spanish National Securities Market Commission (CNMV).
  • This amount is in addition to the gross €0.202 gross per share already paid last January as an interim dividend.
  • Total shareholder remuneration charged to 2023 amounts to €0.55 gross per share, 10.8% more than in the previous year. 
  • In addition, investors received €0.005 per share for the engagement dividend, as the quorum of the General Shareholders' Meeting reached 70%.
  • Iberdrola continues to fulfil its commitment to increase the dividend in line with the evolution of its results, to reach a range of between €0.61 and €0.66 per share in 2026, setting a floor of €0.55 for the period 2024-2026, according to the Capital Markets Day held on 21 March.
  • Iberdrola shareholders will receive one subscription right for each Iberdrola share held in their portfolio
  • In this edition, shareholders will have three options: to receive the amount corresponding to the dinal dividend in cash -of a minimum of €0.348 gross per share-; to sell their rights in the market; or to obtain new free shares in the company free of charge. These three options are not exclusive to each other, so that shareholders can choose one of the options or combine them according to their preferences. 
     

SCHEDULE OF THE FINAL DIVIDEND 

2 July 2024

Communication of the number of free allocation rights required to receive one share and the gross final dividend amount per share.

3 July 2024

Capital increase announcement.

Last day on which shares entitled to participate in the dividend are traded.

4 July 2024

Date from which the shares are traded without the right to participate in the "Iberdrola Flexible Remuneration" system. Also known as ex-dividend date. 

Beginning of the common election period and trading period for free allocation rights.

17 July 2024

End of the common election period and the trading period for free allocation rights.

29 July 2024

Payment of the Final Dividend to shareholders who have opted to receive cash through this option.

31 July 2024

Expected date for the start of trading of the new shares.