Jerónimo Martins offers to distribute all profits. That’s 78.5 cents per share – Dividends

Jerónimo Martins will propose to the General Meeting of Shareholders, which will take place on April 21, the payment of a gross dividend of 0.785 euros per share, which corresponds to all the profits made the previous year.


“Despite the uncertainty that still marks the environments in which we operate, this performance and the financial solidity of the Group lead the Board of Directors to propose to the General Meeting of Shareholders the distribution of an extraordinary ‘distribution’ of 100% net income (excluding IFRS16), corresponding to the payment of a dividend of 493.3 million euros, or 0.785 euros per share (gross value)”, reveals the group led by Pedro Soares dos Santos, in a press release sent, this Wednesday at
with the Financial Markets Commission (CMVM).

This Wednesday, the owner of Pingo Doce presented the results for the year 2021. The group, which operates in Poland, Portugal and Colombia, closed last year with a net profit of 493.3 million euros , up more than 48% from the 312 million recorded in 2020, the year in which, due to the impact of the pandemic, it saw its net results contract by 20%.

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