The board of directors of Aedas Homes has approved the distribution of a gross dividend of 2.25 euros per share based on the results of its current fiscal year, which ends on March 31, as reported this Monday by the residential developer.

In total, Aedas Homes will allocate 97 million euros to this dividend, which will be paid to shareholders on March 26.

“The approved dividend confirms the excellent evolution of the activity and business results of the company, which has a very solvent financial situation and a reasonable debt ratio,” the company highlighted.

The promoter has indicated that, once the accounts for its current fiscal year have been audited and closed, this interim dividend may be accompanied in the coming months by a complementary dividend.

Next March 22 is the date from which Aedas Homes securities will be traded without the right to receive this dividend and the day before, March 21, is the deadline for trading of the company’s shares with the right to perceive it.

The payment date of this dividend will be March 26 and will be made in cash through the entities participating in the Securities Registration, Compensation and Settlement Systems Management Company (Iberclear) in which the shareholders have deposited their shares, with Banco Sabadell acting as payment agent.

In total, since the first dividend payment that the company made in fiscal year 2021, Aedas Homes has compensated its shareholders with more than 430 million euros.