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Neinor Will Distribute its First Dividend Amounting to €0.50 Per Share on 2 March

The property developer will distribute its first dividend on 2 March, after its Board decided to postpone the payment last April due to the outbreak of the coronavirus crisis.

Borja Garcia Egocheaga 2. CEO Neinor Homes 1024x682 1

The Board of Directors of Neinor Homes has approved the distribution of a dividend, to be charged against the share premium reserve and other distributable reserves, of 0.50 euros gross per share on 2 March 2021.

As reported by the property developer to the National Securities Market Commission (CNMV), the maximum amount paid will be 40 million euros divided between the company’s 79 million ordinary shares.

Read the full article in Spanish.

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