Share
Dividend policy
The Shareholders Meeting approves the dividends by a majority vote, unless the dividend represents less than 30% of earnings for the period, when a unanimous approval is required.
For the period 2024, The Board informed in the Annual General Shareholders Meeting held on April 17, 2024 that it was their intention to distribute at least 30% of the earnings as dividends. This would be paid by declaring an interim dividend for 30% of earnings for the first half of the year after that period has ended, and a final dividend to be approved by the Annual General Meeting of Shareholders after the end of the year.
Risk Ratings
ICR – International Credit Rating
SHARE Classification:
First Class Level 1
SOLVENCY CLASIFICATION:
AA-
BOND LINE CLASIFICATION:
AA- Stable outlook
Analysts:
Fitch Ratings
SHARE CLASSIFICATION:
First Class Level 2
SOLVENCY CLASIFICATION:
AA- (cl)
BOND LINE CLASSIFICATION:
AA- (cl) Stable outlook
Analysts:
Note on rating scales:
AA: Instruments with a very high capacity for payment of principal and interest within the agreed terms and deadlines. That capacity will not be materially impacted by potential changes in the issuer, in the industry where it does business, or in the economy. The sub-rating “-“denotes less protection within the AA rating. First Class Level 1: Shares with the best combination of solvency and stability of the issuer’s profits and of the volatility of its returns. First Class Level 2: Shares with a very good combination of solvency and stability of the issuer’s profits and of the volatility of its returns.
Analyst Coverage
Company | Analysts | |
|---|---|---|
| Bank of America Merrill Lynch | Rodrigo Villanueva | [email protected] |
| BCI Corredores de Bolsa | José Ignacio Perez | [email protected] |
| BICE Inversiones | Aldo Morales | [email protected] |
| BICE Inversiones | Manuel Barrientos | [email protected] |
| BTG Pactual | Carlos Sequeira | [email protected] |
| BTG Pactual | Osni Carfi | [email protected] |
| Credicorp | Felipe Navarro | [email protected] |
| Goldman Sachs | Diego Aragao | [email protected] |
| HSBC | Tatiana Zubakin | [email protected] |
| HSBC | Christopher Recouso | [email protected] |
| Inversiones Security | Paulina Feliú | [email protected] |
| Itaú BBA | Arturo Langa | [email protected] |
| JP Morgan | Gabriel Menezes | [email protected] |
| JP Morgan | Marcelo Santos | [email protected] |
| Larraín Vial | Jorge Feliú | [email protected] |
| Scotiabank GBM | Andres Coello | [email protected] |
Dividends Paid
| Event | Period | Amount per share | Deadline | Payment day |
|---|---|---|---|---|
| Definitivo | 2023 | 12,4886 | 23/04/2024 | 29/04/2024 |
| Provisorio | 2023 | 9,41058 | 01/09/2023 | 07/09/2023 |
| Definitivo | 2022 | 13,30527 | 15/04/2023 | 21/04/2023 |
| Provisorio | 2022 | 7,07321 | 03/09/2022 | 09/09/2022 |
| Provisorio | 2021 | 20 | 18/12/2021 | 24/12/2021 |
| Provisorio | 2021 | 10,26548 | 31/08/2021 | 06/09/2021 |
| Provisorio | 2020 | 1,22063 | 29/08/2020 | 04/09/2020 |
| Definitivo | 2019 | 6,33460 | 03/04/2020 | 09/04/2020 |
| Provisorio | 2019 | 6,92905 | 30/08/2019 | 05/09/2019 |
| Definitivo | 2018 | 5,36669 | 02/05/2019 | 08/05/2019 |
| Provisorio | 2018 | 0,76693 | 30/08/2018 | 05/09/2018 |
| Definitivo | 2017 | 30,55014 | 02/05/2018 | 08/05/2018 |
| Provisorio | 2017 | 6,70111 | 30/08/2017 | 05/09/2017 |
| Definitivo | 2016 | 2,00573 | 25/04/2017 | 02/05/2017 |
| Provisorio | 2016 | 13,14605 | 30/08/2016 | 05/09/2016 |
| Provisorio | 2015 | 11,90382 | 26/08/2015 | 01/09/2015 |
| Definitivo | 2015 | 12,69292 | 27/04/2016 | 03/05/2016 |
| Definitivo | 2014 | 12,12683 | 27/04/2015 | 04/05/2015 |
| Provisorio | 2014 | 15,16155 | 26/08/2014 | 01/09/2014 |
| Definitivo | 2013 | 19,54841 | 28/04/2014 | 05/05/2014 |
| Provisorio | 2013 | 18,58377 | 24/08/2013 | 30/08/2013 |
| Definitivo | 2012 | 12,32158 | 20/04/2013 | 26/04/2013 |
| Provisorio | 2012 | 15,64386 | 28/08/2012 | 03/09/2012 |
| Definitivo | 2011 | 12,32000 | 14/04/2012 | 20/04/2012 |
| Provisorio | 2011 | 14,02000 | 06/08/2011 | 12/08/2011 |
| Definitivo | 2010 | 9,80000 | 29/04/2011 | 05/05/2011 |
| Provisorio | 2010 | 11,96000 | 18/08/2010 | 24/08/2010 |
| Provisorio | 2009 | 10,31000 | 14/09/2009 | 22/09/2009 |
| Definitivo | 2009 | 10,46000 | 26/04/2010 | 03/05/2010 |
| Provisorio | 2008 | 8,65000 | 24/09/2008 | 30/09/2008 |
| Definitivo | 2008 | 7,05000 | 08/05/2009 | 14/05/2009 |
| Definitivo | 2007 | 22,00000 | 13/05/2008 | 19/05/2008 |
| Definitivo | 2006 | 7,88000 | 24/04/2007 | 30/04/2007 |
