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General

Euskaltel to pay out EUR 23 mln in dividends in February

Thursday 27 October 2016 | 09:43 CET | News
Spanish regional operator Euskaltel has announced that it will pay out EUR 22.7 million in dividends in February 2017, its first payout since last year's IPO and the acquisition of Galician cable provider R. In a statement to Spanish market regulator CNMV, the company said it would pay a dividend of EUR 0.15 per share on 01 February thanks to a substantial improvement in its debt ratio. The operator reported revenues of EUR 286.0 million in the first six months of 2016, up 76.9 percent year on year due above all to the R buy.

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Categories: General
Companies: Euskaltel / R
Countries: Spain
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