The Board of Directors of Iberpapel agrees to pay an interim dividend from 2017 profits in the amount of Euro 0.30 per share (before withholdings). The interim dividend will be paid out on 2 February 2018, as the company says in the press release received by Lesprom Network.
The Board also resolved to submit a motion at the upcoming Annual General Meeting for the payment of a final dividend of Euro 0.25 per share (before withholdings), coupled with a bonus share issue under which shareholders will receive one new share for every 100 bonus rights allocated (the newly issued shares will be charged against reserves).
Lastly, the Board agreed to pay a fee for attending the 2018 Annual General Meeting equivalent to 0.005 per share (before withholdings).
Iberpapel is a vertically-integrated paper group. It is one of the leading players in the printing and writing paper segment in Spain.
