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IBDRY Iberdrola SA (PK)

51.135
0.00 (0.00%)
08 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Iberdrola SA (PK) USOTC:IBDRY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 51.135 48.15 51.65 0.00 12:17:57

Iberdrola 2021 Profit Rose, Lifts Dividend Proposal

23/02/2022 8:29am

Dow Jones News


Iberdrola (PK) (USOTC:IBDRY)
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From May 2021 to May 2024

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By Giulia Petroni

 

Iberdrola SA said Wednesday that profit rose in the full year and raised its dividend proposal.

The Spanish utility company said that net profit was 3.88 billion euros ($4.39 billion) in the year, compared with EUR3.61 billion a year earlier.

Earnings before interest, taxes, depreciation and amortization came in at EUR12.01 billion, up from EUR10.04 billion.

Revenue increased 18% on year to EUR39.11 billion.

Iberdrola said it will propose a 4.8% increase in annual remuneration at the next general shareholders' meeting, to reach a dividend of EUR0.44 a share for 2021. The company already paid an interim dividend of EUR0.17 a share and is now set to propose an additional remuneration of EUR0.27 a share.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

February 23, 2022 03:14 ET (08:14 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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