Coface: proposes E0.79 dividend at board meeting

(CercleFinance.com) - Coface has said that its board of directors, which met on 27 March, has decided to propose the payment of a dividend of 0.
79 euro per share, equivalent to a payout rate of 100% of its 2018 net income.

The credit insurance company says that, subject to the approval of this proposal by the AGM, which will be held on 16 May, the dividend will be detached on 22 May and paid on 24 May.

At the forthcoming meeting the Board has also decided to propose the appointment of two new directors, namely Nathalie Bricker (non-independent member), Chief Financial Officer of Natixis and Nicolas Moreau (independent member).


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