This coming Monday, December 11, will be the last day on which investors will be able to acquire Telefónica shares with the right to receive the second tranche of the company’s dividend charged to freely available reserves, which will amount to 0.15 gross euros. per title and will be paid on December 14.
Last March, Telefónica shareholders agreed to a dividend of 0.3 euros gross per share charged to freely available reserves for 2023 and payable in two tranches, the first of which – of 0.15 euros – was already paid last June 15 and the second part – also of 0.15 euros – will be disbursed next Thursday, December 14, and its total import will amount to 862.56 million euros.
In this way, shares that are traded beyond the close of the stock market next Monday will not be entitled to this remuneration, according to the calendar set by the operator.
Although the payment of the second tranche of Telefónica’s dividend will be disbursed on December 14, it will be on the previous day (December 13) when the holders who will have the right to collect it will be determined.
In this sense, the withholdings required by the applicable regulations will be made on the 0.15 euros per title that Telefónica will pay.