Credicorp Ltd. Declares Special Cash Dividend Announcement
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Credicorp Ltd. Declares Special Cash Dividend
Credicorp Ltd. (“Credicorp” or the “Company”) (NYSE: BAP), a leading financial services holding company in Peru, has announced that its Board of Directors has unanimously declared a special cash dividend of S/11.0000 per share. This decision corresponds to a total distribution of S/1,038,205,487.00, consistent with the Company’s Bye-Laws.
CEO Statement on the Special Dividend
Gianfranco Ferrari, Chief Executive Officer of Credicorp, expressed, “This special dividend highlights the strength of our balance sheet and the significant strides in our strategic initiatives. We are committed to investing in innovation and enhancing our digital capabilities to meet our clients’ evolving needs while reinforcing our dedication to rewarding shareholders. We remain fully focused on executing our vision to be a sustainable business leader in Latin America, generating superior value for our collaborators, customers, shareholders, and communities in the countries where we operate.”
Details of the Cash Dividend Payment
The announced cash dividend is set to be paid out on October 18, 2024. This payment will be made without withholding tax at source to shareholders on record as of September 23, 2024. The dividend will be distributed in US Dollars using the weighted exchange rate provided by the Peruvian Superintendency of Banks, Insurance and Pension Funds for transactions at the close of business on October 16, 2024. The US Dollar dividend amount will be rounded up to four decimal places.
About Credicorp Ltd.
Credicorp Ltd. (NYSE: BAP) is recognized as the leading financial services holding company in Peru with an extensive presence in Chile, Colombia, and Bolivia. The company operates a diversified business portfolio categorized into four main lines: Universal Banking, represented by Banco de Credito del Peru – BCP and Banco de Credito de Bolivia; Microfinance, through Mibanco in Peru and Colombia; Insurance & Pension Funds, managed by Grupo Pacifico and Prima AFP; and Investment Banking & Wealth Management, facilitated via Credicorp Capital and Wealth Management divisions.
Contact Information for Investor Relations
Interested investors seeking further information can contact Credicorp’s Investor Relations team via email at Investorrelations@credicorpperu.com.
Frequently Asked Questions
What is the amount of the special cash dividend declared by Credicorp?
The amount of the special cash dividend declared by Credicorp is S/11.0000 per share.
When will shareholders receive the cash dividend?
Shareholders will receive the cash dividend on October 18, 2024.
Who can receive the cash dividend?
The cash dividend will be available to shareholders on record as of September 23, 2024.
In which currency will the cash dividend be paid?
The cash dividend will be paid in US Dollars.
How does Credicorp describe its business focus?
Credicorp focuses on being a sustainable business leader in Latin America, committed to generating superior value for all stakeholders.
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