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RSS FeedsProposal to allocate Crédit Agricole S.A.´s 2019 results to reserves´ account
(WorldNews France)

 
 

2 april 2020 04:19:02

 
Proposal to allocate Crédit Agricole S.A.´s 2019 results to reserves´ account
(WorldNews France)
 


In 2019, Crédit Agricole S.A.`s underlying net income reached a historical level, at EUR4,582 million. Underlying profitability amounted to 11.9%. In this context, the Board of Directors had set, on 13th February 2020, the dividend proposed at the General Meeting for the year 2019 at 0.70 euro, up +1.4% compared to 2018. Due to Crédit Agricole Group`s structure, 55.9% of the dividends distributed by Crédit Agricole S.A. are paid to the Regional Banks, which retain a significant part of their earnings, in...


 
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