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Dividend Declaration

27 Oct 2016 14:04

RNS Number : 6514N
International Cons Airlines Group
27 October 2016
 

IAG INTERIM DIVIDEND

The Board of Directors of International Consolidated Airlines Group, S.A. (IAG) has approved today the distribution in cash of a gross interim dividend, against the 2016 financial results, of euro 0.11 per share.

Accordingly the dividend will be paid as follows:

 Gross dividend

0.11

Withholding tax (19%)

0.0209

Net dividend

0.0891

(Euros per share) 

Dividend timetable (applicable to both the Spanish and UK markets)

Ex-dividend date

1 December 2016

Record date

2 December 2016

Payment date

From 5 December 2016

 

The payment of this dividend will be executed by Banco Santander as paying agent.

 

Willie Walsh, IAG chief executive, said: "We're pleased to announce an interim dividend payment of 11 euro cents per share, a 10 per cent increase on last year. As in 2015, we expect the interim dividend to be around half the full year dividend."

 

 

 

IAG Investor Relations

27 October 2016

 

 

This announcement contains inside information and is disclosed in accordance with the Company's obligations under the Market Abuse Regulation (EU) No 596/2014.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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