Amancio Ortega cobrará 1.617 millones de euros en dividendos de Inditex este lunes

Inditex's founder and first shareholder, Amancio Ortega, will receive a dividend payment of 1.617 million euros from the company on Monday, November 2nd. This sum represents 1,617 million euros in the latest remuneration paid to shareholders, a significant increase from the 3,104 million euros received last year. In total, the company will pay out more than 5.454 million euros in dividends to shareholders this year, after raising the dividend by 4.1% to 1.75 euros per share.

Inditex's dividend policy includes a 60% payout of profits and the distribution of additional extraordinary dividends. The dividend consists of two equal payments: a 0.875 euros per share ordinary dividend, already paid on May 4th, and another 0.875 euros per share (0.325 euros ordinary plus 0.550 euros extraordinary) that Ortega will receive on Monday.

The founder of Inditex, who will receive 1.617 million euros in dividends through the Pontegadea Inversiones and Partler companies he controls, also invests part of the dividends he receives from Inditex in the real estate sector. Ortega owns the largest real estate portfolio in Spain, focusing on the purchase and management of large office buildings in the central areas of major cities in Spain, the United Kingdom, the United States, and Asia.

His daughter, Sandra Ortega, who owns 5.053% of the Galician firm (157.48 million shares), will receive over 275 million euros in dividends from Inditex this year (half of it on Monday, November 4th), compared to 264 million euros last year.