Inditex will pay a second dividend, and Amancio Ortega will receive another 1.422 million.

Textile giant Inditex will pay its second dividend for the 2023 financial year this Monday, November 4, amounting to 0.77 EUR gross per share. Amancio Ortega, founder and largest shareholder of the group, will receive as part of this payment total 1.422 million Euro.

This second dividend payment consists of an additional payment of €0.27 per share and another special amount of €0.5. Total amount paid to the Spanish company will rise to 2.399 millionmaking it the largest listed company by the end of this year.

The remuneration that shareholders will receive this Monday is similar to the one they received on May 2, which also amounted to 0.77 euros gross per share. Total Inditex will distribute almost 4.8 billion. with a record figure of 1.54 euros per title, 34 cents more than last year.

The above distribution corresponds to the record results achieved by Spain’s largest listed company in the last financial year, when won a record amount of 5.381 million.which is 30.3% more than a year earlier.

Income of a successful entrepreneur

Businessman Amancio Ortega, the Spaniard with the most accumulated wealth, according to Forbes, will earn this year more than 2,845 of the 4,800 million euros that the company he founded and which he just created will distribute to its shareholders. donation of four million euros to Caritas

and the Red Cross to help with the DANA emergency. At 88, Ortega maintains his 59.294% stake in the textile group through Pontegadea, his investment arm, through which he mainly invests in the real estate sector.

Ortega will win this year with a group of brands such as Zara, Massimo Dutti, Bershka or Stradivarius. more than was received by almost thirty of the 35 IBEX companies during the last financial year, including Telefónica, Naturgy, Endesa, ACS, Ferrovial, Mapfre and Indra. Over the last 4 years, he will be entitled to receive more than 8 billion.

As for the group’s current president, Ortega’s eldest daughter Sandra Ortega, controls 5.053% of the company Galitskaya (has about 157.5 million shares), which gives her the right to earn about 242.5 million this year. Half of this amount will arrive next Monday.