Mapfre distributes 186 million euros in dividends this Wednesday

MADRID, 27 Nov.

Mapfre distributes 186 million euros in dividends this Wednesday

MADRID, 27 Nov. (EUROPA PRESS) -

Mapfre will distribute this Wednesday a gross dividend of 0.0604 euros per share as an interim dividend for the 2022 financial year, which means that it will distribute a total of 186 million euros.

This is an announcement that he made the same day that he presented his results for the third quarter, when he reported a net profit of 488 million euros until September, 6.9% less than in the same period of the previous year.

The insurer then explained that hyperinflation weighed down 52 million on profit, which, without this effect, would have grown by more than 1.3%, to 540 million euros.

In March, during the presentation of its strategic plan for 2022-2024, the company announced that its intention is to maintain a 'pay out' above 50%. In fact, in the last presentation of results, the company defined itself as the "queen company of the dividend".

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