Credemholding to pay dividends of €1.50 per share

Italy’s Credemholding, the company that holds 76.9% of Credito Emiliano S.p.A., has announced increased profits of €29m in 2013.

The dividends, which will be pay out from 26 May, will be 7.2% higher compared to those payed out in 2013, for a total amount of €24.7bn.

The company also announced net profits of €87.4m in 2013, down compared with the €91.7m of 2012.

However, Credemholding reported increased net profits in 2013 of €29m against the €24.3m of 2012.

 

 

Milan

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