Dividend

All about dividend payments

Analysis of return on investment
In the same section:
To be charged to the financial year 2023

The big figures on dividend payments

Proposal of the board of directors to the shareholders' meeting of 28-06-2024.

The board raises the 2023 dividend
0.096 €

Dividend per share

32.7%

Payout

100%

Dividend vs total shareholder remuneration

8.8 M€

Planned disbursed

Dividendos para accionistas de Ercros
Shareholder remuneration

Ercros allocates 40 million to dividend payment

The board of directors has agreed to propose to the shareholders' meeting, which is scheduled to be held on 06-28-2024, the payment of a dividend of 9.6 euro cents per share, which will become effective on 10-07-2024. The proposed dividend represents a disbursement for the company of 8.78 million euros, equivalent to 32.7% of its profit in 2023.

If the board approves this proposal, since Ercros initiated the shareholder remuneration policy in 2016, it will have paid out 40 million euros in dividend payments.

The current shareholder remuneration policy provides for a dividend of at least 22% of the 2023 profit and 24% of the 2024 profit.

Evolution of dividend payment

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In 2020, due to the negative impact of covid-19 on Ercros' business, one of the conditions set out in the shareholder remuneration policy was not met, which is why it was not possible to distribute a dividend or buy back treasury shares to be amortised against the profit for the year.

The profitability of investing in Ercros

Find out how dividend payments are evolving and calculate the return on your investment.

Additional information

To be better informed you can check the following documents and links.

Shareholder remuneration policy

Statements of relevant information

Share redemption

Investor's agenda

Treasury shares

Shareholder's Office