Business
ZEGONA ANNOUNCES £4.4M DIVIDEND - 4.1% YIELD
ZEGONA ANNOUNCES £4.4M DIVIDEND - 4.1% YIELD.
About this update from Zegona Communications Plc
[{"type":"text","content":"\n \nRNS Number : 1281C Zegona Communications PLC 06 February 2020 \n\nNOT FOR DISTRIBUTION, PUBLICATION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES OR TO ANY US PERSON, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA (OTHER THAN SPAIN) OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION, PUBLICATION OR RELEASE WOULD BE UNLAWFUL.\n \n \nZEGONA COMMUNICATIONS PLC (\"Zegona\")\n \nLEI: 213800ASI1VZL2ED4S65\n6 FEBRUARY 2020\n \nZEGONA ANNOUNCES £4.4 million DIVIDEND - 4.1% YIELD\n \nZegona is pleased to announce the payment of an interim dividend of 2.0 pence per share, in line with its dividend policy:\n \n· Zegona's Board of Directors has today declared an interim dividend of 2.0 pence per share, equivalent to £4,418,6131\n· In total 4.5 pence per share has been paid to shareholders in the last 12 months, equating to a dividend yield of 4.1%2\n· Ex-dividend date 13th February 20203, and Payment of the dividend 6th March 20204.\n \nZegona has been consistent in its commitment to paying dividends, with more than £35 million being paid to shareholders since 2016. Zegona's policy is to pass 100% of all Euskaltel dividends straight through to its shareholders. Euskaltel S.A. has a strong history of paying dividends, with €55.4 million being paid to shareholders in 2019, a 12% increase on the €49.7 million paid in 2018. On 5th February 2020, Euskaltel paid an interim dividend to shareholders of €25.0 million.\n \nEamonn O'Hare, Zegona Chairman and CEO commented; \"We are delighted to announce the payment of an interim dividend of £4.4 million, delivering on our commitment to pass 100% of all Euskaltel dividends straight through to our shareholders.\"\n \nEnquiries\n \nTavistock (Public Relations adviser - UK)\nTel: +44 (0)20 7920 3150\nLulu Bridges - [email protected] \nJos Simson - [email protected]\n \n1 Based on 220,930,645 shares in issue as at 3rd February 2020. The total number of shares in issue may decrease before the record date if shares are cancelled as a result of Zegona's on-market share buyback programme for an aggregate purchase price of up to £10 million, announced on...