REG - Telefonica SA - TEF - Dividend distribution during 2018

Telefonica SAAnnouncement

08/06/2018 16:10

RNS Number : 8421Q
Telefonica SA
08 June 2018
 


TELEFÓNICA, S.A., as provided in article 228 of the Spanish Stock Market Act (Ley del Mercado de Valores), hereby reports the following
 
SIGNIFICANT EVENT
 
Telefónica, S.A. announces that, the Annual General Shareholders´ Meeting at its meeting held today, has agreed a dividend distribution in cash charged to Unrestricted Reserves, by means of a payment of a fixed gross amount of 0.40 euros during 2018 payable in two tranches, for each existing Company share and carrying entitlement to this distribution on the following dates:
 
-    The first payment in cash of a gross amount of 0.20 euros per share will be on June 15, 2018.
-    The second payment in cash of a gross amount of 0.20 euros per share will be on December 20, 2018.
 
Both payments shall be executed by Banco Bilbao Vizcaya Argentaria, S.A., through the participating entities in Iberclear (Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores, S.A.U.), the Spanish securities registrar, clearing and settlement company.
 
The relevant dates for each of the dividend payments in the Spanish securities market will be:








JUNE
Dividend


DECEMBER
Dividend




The last trading date on which the security is traded with dividend rights
(last trading date )


June 12, 2018


December 17, 2017




The date from which the security is traded on the market without dividend rights
(ex date )


June 13, 2018


December 18, 2017




Date of determination of the holders to be used for payment of the dividend
(record date)


June 14, 2018


December 19, 2017




Date on which the dividend is paid
(payment date)


June 15, 2018


December 20, 2017




 
Madrid, June 8, 2018
 
 




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END
 
 
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