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Fiat Chrysler to propose EUR0.65 per share dividend.

Fiat Chrysler Automobiles announced that its board of directors intends to recommend to the company's shareholders a dividend distribution to the holders of common shares of EUR0.65 per common share, corresponding to a total distribution of approximately EUR1B. The distribution from the profits shown in the 2018 company's annual accounts will be subject to the approval by the annual general meeting of shareholders which is scheduled to be held on April 12, the company stated. If shareholders approve the proposed distribution, the expected calendar for both MTA and NYSE is as follows: ex-date April 23; record date April 24; and payment date May 2, Fiat Chrysler said.

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Publication:The Fly
Date:Feb 21, 2019
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