Inditex will make the second payment of the 2023 dividend tomorrow, Monday, at the rate of 0.77 euros gross per share, with which the founder of the group and first shareholder will receive more than 1.422 million euros.
Concretely, the dividend to be distributed is composed of additional 0.27 euros per title and another special of 0.5 euros, for a total amount of 2.399 million and the largest of a listed company before the end of the year.
Inditex’s full dividend, added payment held on May 2 for the same amount (0.77 euros gross per share), this amounts to a record figure of 1.54 euros per share (34 cents more than last year), for the sum of nearly 4.8 billion to be distributed between its shareholders.
The aforementioned distribution is in line with the record figures achieved by the largest Spanish listed company during its last fiscal year, when it obtained the record figure of 5.381 million, a 30.3% more than a year ago.
Returns for a successful entrepreneur
The businessman Amancio Ortega – the Spaniard with the greatest accumulated wealth, according to Forbesthis year, more than 2,845 of these 4,800 million euros will be distributed among its shareholders by the company he founded and which has just made a donation of four million euros to Caritas and the Red Cross for help with the emergency caused by the Dana.
With 88 years oldOrtega maintains its participation in the textile group at 59.294% through the company Pontegadea, its investment arm and with which it invests mainly in the real estate sector.
Ortega will earn more this year with the group of brands like Zara, Massimo Dutti, Bershka or Stradivarius than what he got around thirty of the 35 IBEX companies during the last financial year, including Telefónica, Naturgy, Endesa, ACS, Ferrovial, Mapfre and Indra. Over the last 4 years, he will have had the right to receive more than 8 billion.
As for the current president of the group, Ortega’s eldest daughter, Sandra Ortega, controls 5.053% of the Galician company (with approximately 157.5 million shares), which gives her the right to win 242.5 million. Next Monday, half of that amount will come in.
