Saturday , June 19 2021

Endesa will cut profits from 2021 to 80%

Madrid, November 21 (EFE) .- Endesa, which has outlasted all its regular net dividend income over the last three years, will ensure that the regular dividend per share is agreed to be deployed with a bill up to 2021 equal to 80%

The energy company, of which the Italian energy group Enel has 70 percent of the capital, and which today is updating the strategic plan, today announced the National Securities Market Commission (CNMV) on the dividend policy.

Endesa points out in a relevant event a market supervisor who will distribute a dividend of 70 gross percent per share up to 2018, which will come into effect on 2 January 2019.

As a result, as of December 28, 2018, Endesa's share will be listed by former distribution.

Likewise, the power company informed that the board of directors would "acquire" by 2018 until 2020 that the regular dividend per share would be distributed with the charge for those years equal to 100% of the net net income attributed to the parent company. on the consolidated annual accounts of the group.

For the fiscal year 2018, it will endeavor to ensure that the total regular dividend is at least equal to 1.33 euros gross per share.

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