Typically the dividend payout has been between 80% and 90% of the net income earned on the year.

The Shareholders’ Meeting of 24 April 2018 approved the proposal to allocate the net profit for the 2017 financial year to the extraordinary reserve, net of the legal reserve; therefore, no dividends were distributed for the 2017 financial year.

YearCoupon detachmentDividends payable fromGross dividend per ordinary shareExtraordinary dividendGross dividend per saving shareEPS*Pay out**
2017 – –0.116
2016 – –0.086
2015 – –0.024
2014 – –0.002
2013 – –
2012 – –
2011 – –0.21
20102011-05-232011-05-260.170.180.98
2009 – –0.14
2008 – –0.41
20072008-05-192008-05-220.350.470.76
20062007-05-212007-05-240.350.450.79
20052006-05-222006-05-250.350.250.481.28
20042005-05-232005-05-260.350.460.76
20032004-05-242004-05-270.30.340.88
20022003-05-192003-05-220.250.252.11
20012002-05-202002-05-230.220.40.620.28
20002001-05-212001-05-240.210.250.270.93

* EPS: consolidate profit dividend by the total number of shares
** Pay out: calculated on consolidated net income