Iberdrola Sets Out Interim Dividend, Capital Increase
January 05 2022 - 4:19AM
Dow Jones News
By Ed Frankl
Iberdrola SA said Wednesday that it will issue a interim
dividend of at least 16.8 European cents (19 U.S. cents) a share
for 2021 and raise more than 1.10 billion euros ($1.24 billion) in
a capital increase.
The Spanish energy company's interim dividend will at least
match that of the last two years.
The total dividend for 2020, including the final payment, was 42
cents.
The Bilbao-based company also said it would implement a capital
increase of up to EUR1.10 billion, and will issue 106.1 million
shares.
The maximum nominal amount of the the capital increase is
EUR79.58 million, Iberdrola said.
Shares in Madrid were down 0.7% to EUR10.32 after the news.
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
January 05, 2022 04:04 ET (09:04 GMT)
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