On April 8, BBVA will pay a cash payment to shareholders of 0.23 euros gross per share

On April 8, 2022, BBVA will distribute the payment approved by the Annual General Meeting, which implies a cash payment from the voluntary reserves of the bank in the amount of 0.23€ gross per share (net amount: 0.1863€) This payment is in addition to the 8 cents BBVA paid in October 2021 on account of the dividend. This makes for a total of 31 cents for the 2021 financial year, the highest cash payment per share in the last 10 years.

BBVA changed its shareholder remuneration policy in November 2021 by raising the payout to 40%-50% of annual ordinary profit, compared to the previous policy of distributing between 35% and 40%. This policy will be implemented through the distribution of an interim dividend for the year (expected to be paid in October of each year) and a final dividend (to be paid once the year has ended and the allocation of the year-end profit has been approved, expected to take place in April of each year), with the possibility of combining cash distributions with share buy-backs.
In addition, BBVA launched one of the largest share buyback processes in European banking, amounting to 3.5 billion euros.