General Secretary and Secretary to the Board of Directors
TELEFÓNICA, S.A.TELEFÓNICA, S.A. as provided in article 228 of the Spanish Stock Market Act (Ley del Mercado de Valores), hereby reports the following
SIGNIFICANT EVENTFurther to the Significant Event released on March 29, 2017, (under registration number 250108), Telefónica, S.A. announces that, according to the shareholder remuneration policy, the Annual General Shareholders´ Meeting at its meeting held today, has agreed a dividend distribution charged to unrestricted reserves, by means of a payment of a fixed gross amount of 0.40 euros during 2017 payable in two tranches, for each Company share issued, in circulation and carrying entitlement to this distribution on the following dates:
The first payment of a gross amount of 0.20 euros in cash per share will be on June 16, 2017.
The second payment of a gross amount of 0.20 euros in cash per share will be on December 14, 2017
Both payments shall be executed by Banco Bilbao Vizcaya Argentaria, S.A., through the participating entities in Iberclear (Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores, S.A.), the Spanish securities registrar, clearing and settlement company.
The relevant dates for each of the dividend payments in the Spanish securities market will be:
JUNE
Dividend
DECEMBER
Dividend
The last trading date on which the security is traded with dividend rights
June 13, 2017 December 11, 2017
(last trading date )
The date from which the security is traded on the market without dividend rights
June 14, 2017 December 12, 2017
(ex date )
Date of determination of the holders to be used for payment of the dividend
June 15, 2017 December 13, 2017
(record date)
Date on which the dividend is paid
June 16, 2017 December 14, 2017
(payment date)
Madrid, June 9, 2017
SPANISH NATIONAL SECURITIES MARKET COMMISSION - MADRID -Gran Vía, 28 - 9ª Planta - 28013 Madrid
Telefónica SA published this content on 09 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 12 June 2017 12:23:18 UTC.
Original documenthttps://www.telefonica.com/documents/162467/0/hr_20170609_2.pdf/94ed336d-e2a5-4860-eaa4-1280cfbd028e
Public permalinkhttp://www.publicnow.com/view/6E55DA10397A3567DC09CF44C7741D5AABFE2BC1