Iberdrola pays a final dividend of at least €0.348 per share $IBE (+1,51 %) Target 2026 €0.66⏬🔥
Under the terms of the new edition of the optional dividend scheme "Iberdrola Flexible Remuneration", which the company notified today to the Spanish Securities Market Commission (CNMV), Iberdrola will pay its shareholders at least €0.348 per share as a final dividend, which will be deducted from the 2023 results.
This amount is in addition to the EUR 0.202 gross per share already paid out as an interim dividend last January.
The total gross shareholder remuneration calculated until 2023 amounts to EUR 0.55 per share and is therefore 10.8% higher than the previous year's figure.
In addition, shareholders received a participation dividend of EUR 0.005 per share, as the quorum at the Annual General Meeting was 70%.
Iberdrola continues to fulfill its commitment to increase the dividend in line with the evolution of its results, with the aim of reaching a range between 0.61 and 0.66 euros per share in 2026 and setting a lower limit of 0.55 euros for the period 2024-2026, as stated at the Capital Markets Day on March 21.
Iberdrola shareholders will receive one subscription right for each Iberdrola share held in their portfolio
In this issue, shareholders have three options: to receive the amount of the additional dividend in cash (at least 0.348 euros gross per share); to sell their rights on the market; or to receive new shares in the company free of charge. These three options are not mutually exclusive, so shareholders can choose one of the alternatives or combine them as they wish.