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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 |
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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