The REN set its minimum annual dividend of € 0.154 for the 2021-24 cycle, as announced today as part of its strategic plan. The company paid 17.1 cents a share since 2018.“If there are significant improvements affecting revenue, the board will review this (dividend) policy and take (improvements) into account,” in presenting the strategic plan, Gonzalo Soares, on Friday, in the presentation of the strategic plan, Friday. , May 14. He also considers this to be a “great” dividend policy because it is “predictable, attractive and sustainable”. Another novelty in shareholder bonus, which is shown in The offer is available on the CMVM website, Is that the company led by Rodrigo Costa intends in 2022 to implement the semi-annual dividend policy, starting from the end of the year.
However, he says he wants the “payout” (percentage of dividends he distributes) to be less than 100%, bearing in mind that earnings per share may go up. But at the moment, the maximum earnings per share are exactly 0.154 euros, and the annual dividend ranges between 90 and 105 million euros. In 2020, REN He won 109.2 million.
In its planned set of goals, the REN indicates EBITDA 450 to 470 million per year in the 2021-24 cycle. In 2020, EBITDA was from 470.2 million euros.
Net debt will range between 2.5 billion and 2.7 billion euros in the same period.
(The news is corrected to clarify that the value is the minimum value for the roof)
Emily Brontë is a journalist and feature writer specialising in culture, entertainment, literature, and current affairs. She is dedicated to producing clear, accurate reporting that helps readers stay informed about developments in the UK and around the world.
