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ELE Endesa SA Ads

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Share Name Share Symbol Market Type
Endesa SA Ads NYSE:ELE NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

ENDESA to Pay Final Dividend of Euro 1.14 Per Share on MondayDividend per share paid against 2006 results

29/06/2007 3:01pm

Business Wire


Endesa (NYSE:ELE)
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ENDESA (NYSE:ELE) will pay a final dividend against 2006 results on July 2nd. Payment of a gross Euro 1.14 per share was approved at the General Shareholders’ Meeting held on June 20th. On January 2nd, 2007, the company paid a Euro 0.50 per share interim dividend. Therefore, the total pay-out to shareholders against last year's income will be over Euro 1.736bn (Euro 1.64 per share), which represents 58.5% of the company’s net consolidated income generated by the company and its subsidiaries in 2006. In addition, this year Endesa paid a Euro 0.15 per share bonus for attending the Extraordinary General Shareholders' Meeting, scheduled for March 20, 2007, representing additional remuneration of Euro 148m. Dividend 2005-2006 mEUR 2005 2006 Total Ordinary 1.200 1.343 2.543 Sale of assets 1.341 393 1.734 Total 2.541 1.736 4.277 Committed objective 2005-2009 9.900 % achieved 43% Attendance bonus 148 Total 4.425 % achieved 45% To summarise, Endesa will have already distributed to its shareholders Euro 4.425bn against 2005 and 2006 results, 45% more than the Euro 9.9bn committed in the 2005-2009 Strategic Plan. * This document may contain certain forward-looking statements regarding anticipated financial and operating results and statistics that are subject to risks and uncertainties as well as to material risks, changes and other factors which may be difficult to predict, including, without limitation, those factors described in the Documento de Registro de Acciones of Endesa filed within the Comisión Nacional del Mercado de Valores and in the Form 20-F of Endesa filed within the Securities and Exchange Commission, both for the fiscal year ended December 31, 2004. For all of these forward-looking statements, we claim the protection of the safe harbour for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.

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