Home Business Intesa Sanpaolo darted on the stock market and saw the highest levels since 2018. Monday, detachment of the rich dividend

Intesa Sanpaolo darted on the stock market and saw the highest levels since 2018. Monday, detachment of the rich dividend

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Convinced purchases today on the Intesa Sanpaolo stock which marks 2% at € 2.5755 and if it maintained these levels it would close at the highest levels of over three years.

Intesa Sanpaolo on Monday will detach a substantial coupon of € 0.0996 per share and therefore today is the last day to take possession of Intesa shares and be entitled to collect the dividend.

Yesterday, the Intesa Sanpaolo shareholders’ meeting gave the green light for the distribution in the form of dividends of part of the Extraordinary Reserve on the 2020 results for a value of over 1.9 billion euros from reserves, corresponding to a unit amount of 0 € 0996 per share.

This distribution, in addition to the 694 million cash dividends, approved in April and paid in May 2021, leads to the payment of a total amount for 2020 corresponding to a payout ratio equal to 75% of the 3,505 million euros of adjusted consolidated net profit, in line with the 2018-2021 Business Plan.

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