News
2024-01-05 13:18:00.0We increase our interim dividend by 12.2% and will pay 0.202 euros per share.
Torre Iberdrola.
Iberdrola increases its interim dividend by 12.2% and will pay 0.202 euros per share - Iberdrola will distribute a gross interim dividend of 0.202 euros per share corresponding to the fiscal year 2023.
- The amount is 12.2% higher than the 0.180 euros per share distributed for 2022 earnings. This amount will be supplemented by the final dividend, once approved by the General Shareholders' Meeting.
Iberdrola's interim dividend corresponding to the fiscal year 2023 will amount to €0.202 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 in this edition of Iberdrola Retribución Flexible: to receive the interim dividend in cash –the aforementioned €0.202 gross 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 corresponding to the fiscal year 2023 will be completed with the final dividend that the company expects to pay in July, if approved by the company's General Shareholders' Meeting.
Shareholders who opt for the option to receive new shares must hold 58 free allocation rights in order to receive a new share in the company.
The three options –to receive the interim dividend in cash, to sell the rights in the market, or to receive new Iberdrola shares– are combinable, so the shareholder could choose one of the alternatives or combine them according to his or her preferences.
The Iberdrola Retribución Flexible system assigns by default the option to receive new shares, so those shareholders who prefer to receive their remuneration in cash must notify their bank between 9 and 23 January.
In order to implement this new edition of the remuneration system, a capital increase with a maximum reference market value of 1.3 billion euros will be carried out.
Calendar of the ‘Iberdrola Retribución Flexible’ programme January 2024
5 January 2024
Notification of the number of free allocation rights required to receive one share and the amount of the gross Interim Dividend per share.
8 January 2024
Last day on which shares are traded with the right to participate in the dividend.
9 January 2024
Start of the election and trading period on the stock market for the free-of-charge allocation rights.
23 January 2024
End of the election and trading period on the stock market for free-of-charge allocation rights.
31 January 2024
Delivery of shares/payment of interim dividend.
2 February 2024
Expected date for the start of trading in the new shares.