BBVA to pay out final dividend of 0.31 euros per share on April 5
BBVA will allocate more than €3 billion of 2022 earnings (47% of reported net attributable profit) to shareholder distribution in the form of dividends and a new share buyback program. The bank will pay a final dividend of 31 euro cents per share on April 5.
With this final dividend, the bank has raised the cash dividend for 2022 to 43 euro cents gross per share (the highest in 14 years and 39% higher than in 2021). After paying 12 euro cents per share in October, the bank will pay a final dividend of 31 euro cents per share on April 5. In addition, on March 20, 2023, BBVA launched a new share buyback program worth €422 million .
This is consistent with the Group’s shareholder distribution policy, which provides for an annual distribution of 40% to 50% of attributable profit for the year, with the option of combining cash with share buybacks.