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Acerinox approves an interim dividend for financial year 2023 in the amount of 0.31 euros per share

Home Communication News Acerinox approves an interim dividend for financial year 2023 in the amount of 0.31 euros per share
Friday December 22, 2023 |
Financial news
At the next Annual Shareholders’ Meeting, the board of directors will propose a total 2024 retribution of 0.62 euros gross per share, a 3.3% increase from the previous year. Acerinox already increased the dividend by 20% last year from 0.50 to 0.60 euros per share.

The Acerinox Board of Directors approved the distribution of a cash interim dividend for 2023 in the amount of 0.31 gross euros per share.

Per Acerinox’s Dividend Policy, total shareholder remuneration is maintained, so that the reduction in the number of shares resulting from the last Share Buyback Plan yields a higher payment per share.

Consequently, at the next Annual Shareholders’ Meeting, the board will propose a dividend of 0.62 euros per share, which constitutes a 3.33% increase from the last approved amount. The first payment, in the amount of 0.31 euros per share, will be made on January 26, 2024. The last day to trade the share with the right to the dividend will be January 23.