Telefonica SA Dividend payment periods (9495A)
30 March 2017 - 5:00PM
UK Regulatory
TIDMTDE
RNS Number : 9495A
Telefonica SA
29 March 2017
TELEFÓNICA, S.A. as provided in article 228 of the Spanish Stock
Market Act (Ley del Mercado de Valores), hereby reports the
following
SIGNIFICANT EVENT
Further to the Significant Event published on October 27, 2016,
where the dividend policy for 2016 and 2017 was established stating
that the annual dividend would continue to be paid in two tranches
(in the second quarter and in the fourth quarter), the Board of
Directors of Telefónica, S.A. has decided to define the
corresponding payment periods.
From now on, the dividend payment in the second quarter will
take place in June, and the dividend payment in the fourth quarter
will take place in December, in both cases on or before the third
Friday of the corresponding month.
The Company announced that in the 2017 calendar year the
dividend payment will amount to 0.40 euros per share in cash,
payable in two tranches. Consequently, and according to the payment
periods established today:
- the next cash dividend payment of 0.20 euros per share will be
made on or before Friday June 16, 2017 (completing the commitment
of paying 0.55 euros per share for year 2016), and
- the following cash dividend payment of 0.20 euros per share
will be made on or before Friday December 15, 2017.
The adoption of the corresponding corporate resolutions will be
proposed in due course, announcing the specific payment dates.
Madrid, March 29, 2017
This information is provided by RNS
The company news service from the London Stock Exchange
END
DIVGMGZFRLRGNZM
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