Workflow
Credicorp Ltd.: Credicorp Raises Annual Dividend 40% to S/35.0 per Share
Credicorp .Credicorp .(US:BAP) Newsfilterยท2024-04-25 21:34

Group 1 - Credicorp Ltd. announced a dividend increase to S/35.0 per share from the previous S/25.0 per share, marking a 40% increase [1] - The total dividend distribution amounts to S/3,303,381,095.00 for 94,382,317 issued shares, based on a net income of S/4,865,540,233.17 for the 2023 financial year [2] - The cash dividend will be paid on June 14th, 2024, to shareholders of record on May 20th, 2024, without withholding tax at source [1][2] Group 2 - Credicorp is the leading financial services holding company in Peru, with operations in Chile, Colombia, and Bolivia [3] - The company has a diversified business portfolio organized into four lines: Universal Banking, Microfinance, Insurance & Pension Funds, and Investment Banking & Wealth Management [3]