Jump Main Menu. Go directly to the main content

Sección de idiomas

Englishen

Fin de la sección de idiomas

You are in:

  1. Home
  2. Communication
  3. News

News

Start of main content

Corporate information

Bankia tomorrow pays shareholders €340 million in dividends, 7% more than last year

Bankia will tomorrow, Friday, distribute 340 million euros in dividends to its shareholders, 7% more than the previous year's pay-out. The dividend thus amounts to 11.024 cents per share, or 2.756 cents per share before the reverse split carried out in June 2017.

Bankia Comunicación

By Bankia Comunicación

Publish on 
19 April 2018 - 13:45

  • The Spanish State, through the FROB, will receive 208 million euros based on its current stake, taking the total amount of public aid repaid by Bankia to 2,864 million euros
  • Despite the challenging environment of recent years, the bank has raised enough capital to complete the integration of BMN, without the transaction affecting the dividend per share
  • As in the last three years, this ordinary shareholder remuneration will be paid in a single cash payment tomorrow, Friday

Bankia will tomorrow, Friday, distribute 340 million euros in dividends to its shareholders, 7% more than the previous year's pay-out.

The dividend thus amounts to 11.024 cents per share, or 2.756 cents per share before the reverse split carried out in June 2017. The total amount distributed is 340,086,315.61 euros.

The bank is thus keeping the dividend per share equal to last year's, although the total amount paid out is higher due to the greater number of shares in circulation after the capital increase carried out to integrate BMN.

As in the last three years, this ordinary shareholder remuneration will be paid in a single cash payment this Friday.

This is the fourth dividend paid in Bankia's history. Since Bankia's first shareholder payout in July 2015, a total of 1,160 million euros will have been distributed.

Despite the challenging environment faced by the financial sector in recent years, the bank has managed to raise enough capital to complete the integration of BMN without that transaction affecting the dividend per share.

Public aid repaid now reaches 2,864 million euros

The Fund for the Orderly Restructuring of the Banking Sector (FROB), directly and indirectly through BFA Tenedora de Acciones, owns 61.175% of Bankia. With the dividend payment, it will therefore receive 208,047,999.40 euros.

With the privatisation of 7.5% of Bankia's capital in February 2014, which brought in 1,304 million euros; the additional sell-off of another 7% in December which generated 818 million euros in revenues for the FROB; and the four dividend payments, the State will have recovered a total of 2,863 million euros.

Share

Print and/or download the new

Related news

Newsletter

Subscription to the bulletin of Bankia News

CONTACT

External Communication Direction

Virginia Zafra de Llera
DIRECTOR OF EXTERNAL COMMUNICATION
vzafra@bankia.com

 

Press Relationship

Guillermo Fernández Martín
DIRECTOR OF PRESS RELATIONSHIP
gfernandezm@bankia.com

Mariano Utrilla Cortijo
mutrilla@bankia.com

Irene Rivas García
irivas@bankia.com

Guillermo Fernández Martín
gfernandezm@bankia.com

 

Digital Communication

Ana Bernad Colás
DIRECTOR OF DIGITAL COMMUNICATION
abernad@bankia.com

Leticia Lucio Álvarez
llucio@bankia.com

María Navarro Caballero
mnavarro@bankia.com

   

End of main content