The Board of Directors has agreed to propose to the Annual General Meeting a final dividend for the 2021 fiscal year of 8.5 euro cents per share, gross. Under this proposal, the dividend that the Group paid prior to the pandemic is recovered.
As such, the total dividend charged against the 2021 fiscal year amounts to 14.5 gross euro cents per share, representing a payout of 58.4 percent. MAPFRE has paid a total of 416 million euros in shareholder remuneration in 2021.
The return on the average share price for 2021 was in excess of 7.6 percent.