Shareholders
Our shareholder remuneration policy, approved at Inditex’s Annual General Meeting, is designed to provide an attractive, predictable and sustainable dividend, framed by the priority requirement of keeping sufficient own funds to enable investment in future growth and opportunities for value creation.
Inditex dividend policy combines a 60% ordinary payout and bonus dividends. A dividend of €0.93 per share against 2021 results and unrestricted reserves was paid in May and November 2022, made up of two equal payments in the same amount of €0.465 per share.
In 2023, the Board of Directors will propose to shareholders at the Annual General Meeting to pay shares with a right to dividend, a dividend of €1.20 per share, being comprised of €0.796 per share ordinary dividend and €0.404 per share bonus dividend against 2022 results and unrestricted reserves. Such dividend will be paid on 2 May and 2 November 2023 in two equal payments in the same gross amount of €0.60 per share.
Inditex’s ownership structure can be summed up as follows:
- Pontegadea Inversiones, S.L. 50.01%
- Partler Participaciones, S.L.U. 9.28%
- Rosp Corunna Participaciones Empresariales, S.L. 5.05%
- Institutional 33.76%
- Retailer 1.73%
- Treasury shares 0.16%
Inditex guarantees existing and potential investors equal access to information through all of its communication channels, notable among which its corporate website (www.inditex.com):
- In 2022, the Individual Shareholder’s Department attended to around 800 different requests from individual shareholders.
- 35 financial institutions and stock market entities provide equity research coverage of Inditex’s market position.
As demanded by its shareholders, Inditex is traded as part of a number of benchmark indices which track its earnings performance (EURO STOXX 50; Ibex-35), as well as its sustainability practices (notably, the FTSE4 Good and Dow Jones Sustainability Index). In 2022, Inditex scored 73 points out of 100 on the S&P Global Corporate Sustainability Assessment, scoring 87 out of 100 along the environmental dimension (score date: 8 December 2022).