BCP presents distribution of 0.0170 euros per share in dividends to the Assembly

BCP will hold its annual General Meeting on May 22nd and, as expected, is moving forward with the distribution of dividends.

Thus, since in 2023 it had a consolidated net profit of 856 million euros (and an individual net profit of 680.3 million), the bank led by Miguel Maya proposes to distribute 256.9 million euros to shareholders (355.3 millions go to retained earnings). Therefore, the proposed gross dividend is 0.0170 euros per share.

If the bank has its own shares (which is not expected), BCP proposes that the unit value of 0.0170 euros be paid for each share issued and that the unit amount corresponding to the shares that, on the first day of the period payment of dividends, belong to BCP, transferring this amount to Retained Earnings.

The bank also takes to the AG the reappointment of Pedro Rebelo de Sousa as president of the Board of the General Assembly for the 2024-2027 term, as well as Octávio Castelo Paulo, as vice-president of the board.

The current mandate of the BCP administration ends in 2025 and the board decided not to propose the reappointment of Deloitte as ROC, because it has already been in that role for eight years.

Therefore, after an evaluation, it will propose to shareholders that they choose between KPMG and EY, for ROC in the next term 2024-2027.