Sun. Apr 5th, 2020

Abanca will pay a dividend of 0.027 euros per share

Abanca will pay a dividend of 0.027 euros per share


Abanca has agreed to proceed on Tuesday to pay a dividend on account of the profits for the year 2018 for gross total amount of 60,505,200 euros to its shareholders, at a rate of 0.027 euros gross per share discounted the treasury stock, as reported by the National Commission of the Stock market.

The payment is subject to a withholding tax of 19% that legally proceeds on the gross amount.

The agreement has been notified to the company Cecabank, the entity in charge of keeping the accounting register of securities recorded in the account and which has been named the agent paying the dividend.

The net profit of Abanca until September was more than 398 million euros, 44.1% more than in the same period last year.

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