Telefonica increases 2010 dividend by 21.7%

News General Spain 3 JUN 2010
Telefonica increases 2010 dividend by 21.7%
Telefonica's dividend for this year will increase by 21.7 percent to EUR 1.40 per share, versus the previous year's dividend of EUR 1.15 per share. In 2009, Telefonica's shareholders saw a 15 percent dividend increase to EUR 1.15 per share. The operator will pay this year's dividend in two tranches. The first payment for EUR 0.65 euro was already paid on 11 May. Additionally, Telefonica plans to pay a dividend of at least EUR 1.75 per share in 2012.

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