Madrid Stock Exchange winner of the year
Travel booking software Amadeus is this year’s winner at the Ibex in Spain, the Madrid stock exchange. The company announced this week that it will again pay a dividend of €0.74 per share.
The AGM has approved the distribution of EUR 0.74 per share. It is the company’s first payment since 2019, which will be paid on July 13 from the 2022 earnings. It will represent half of the group’s profits, totaling €333.4 million.
The company, which is the biggest riser on the Ibex this year with an increase of 41.87%, returns to reward its shareholders. It has today approved the distribution of a dividend of €0.74 per share, the first since 2019, to be paid on July 13, subject to withholding tax.
One option to look into for those who believe in increased travel is the The Travel UCITS ETF (7RIP ETF), a European exchange-traded fund traded on the London Stock Exchange and Germany’s Xetra, among others.
Is this a sign that the travel sector has now recovered after a couple of tough years caused by the pandemic?
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