The Board of Directors of AEDAS Homes, a leading residential in Spain, has approved the distribution of a gross dividend of €2.25 per share based on the results of the current fiscal year 2023/24 (ending 31 March), which translates into total remuneration of €97 million.
The approved dividend confirms the excellent evolution of the company’s activity and results, which is underpinned by a solvent financial position and a reasonable debt ratio.
This interim dividend affirms AEDAS Homes' ongoing commitment to shareholders and could be supplemented in the coming months by a final dividend once the company’s annual accounts for the current fiscal year have been audited and closed.
On 22 March, AEDAS Homes' shares will be traded without the right to receive this dividend (ex-dividend date), as 21 March is the cut-off date for trading the Company's shares with the right to receive the dividend (last trading date).
The payment date for this dividend is 26 March; it will be made as a cash payment through entities participating in IBERCLEAR, the Spanish Central Securities Depository, in which shareholders have deposited their shares. Banco de Sabadell will act as payment agent.
Since AEDAS Homes paid its first dividend during fiscal year 2021, the company has rewarded shareholders with over €430 million, thus confirming its commitment to provide an attractive remuneration policy.
