On January 29th Bolsas y Mercados Españoles (BME) will distribute a €82.13 million interim dividend with a charge to consolidated 2008 results, which represents €0.986 per share.
BME would thus keep its traditional shareholder remuneration model, based on an interim dividend pay-out that accounts for approximately half the total ordinary dividend.
Since BME was created, in 2003, it has distributed over €850 million in dividends. BME’s annual pay-out, - the portion of the profits that the company uses to pay dividends - was 82% in 2008 (charged to consolidated 2007 results), which is significantly higher than that of its European peers.
BME’s net profit for the first nine months of 2008 came in at €145.5 million, a strong result achieved against a backdrop of difficult market conditions. The figure represents a 3.4% decrease from the same period in 2007 and a 57.9% increase from the same nine-month period in 2006.
