Mapfre will distribute dividend on 23 and Amadeus on January 17

Mapfre will pay a dividend of six cents per share to all outstanding securities on December 23, according to the insurer to the National Securities Market Commission (CNMV) this Thursday, charged to the 2019 benefits. 19 of the same month the shares will be traded without the right to receive the dividend.

This is the final amount of the dividend after having applied proportionally the amount corresponding to treasury shares to the remaining shares.

The first Spanish insurer obtained a net profit of 374.5 million euros in the first half of 2019, which represents a decrease of 2.9% due to lower financial capital gains and the lower contribution of the life segment business in Brazil.

Amadeus

For its part, Amadeus also announced Thursday that it will distribute an dividend on account charged to the results for 2019 for a fixed amount of 0.56 euros gross per share, 9.8% higher than the previous year (0, 51 euros). The date chosen is next January 17.

The Board of Directors of the company that provides technology solutions for the travel industry has agreed to keep the current dividend policy for 2019, which consists of a proposal for a payout of between 40% and 50% of the consolidated profit for the year .

Specifically, the board has proposed to fix the dividend corresponding to 2019 at an amount equivalent to 50% (maximum percentage within the approved range), as the company informed the National Securities Market Commission (CNMV) on Thursday.

The consolidated profit at September 30, 2019 of the group rose to 924.9 million euros -cred that excludes non-recurring costs and adjustments derived from the purchase price allocation (PPA) related to the acquisition of TravelClick-, a 10.9 % more than in the same period of the previous year.

Amadeus has explained that the dividend policy could be altered by the forecasts or market conditions, as well as the financial circumstances of the market, business evolution, its cash needs and obligations in relation to the financial debt, in which case it would proceed to make timely communication for your knowledge and effects.