LUXEMBOURG: Quilmes Industrial S.A. Announces Dividend of US$ 0.295

Most popular

'Healthy alcohol - the trend to watch in 2019?

The beer category in 2019 - just-drinks predicts

Is craft spirits approaching a reset moment?

The beer category in 2018 - Review


Quilmes Industrial (Quinsa) S.A. (NYSE:LQU; "Quinsa" or the "Company") today announced that the Ordinary General Meeting of Quilmes Industrial (QUINSA) took place in Luxembourg on June 22, 2000. Under the Chairmanship of Mr. Jacques-Louis de Montalembert, the Ordinary General Meeting heard the report of the Board of Directors for the financial year 1999. The General Meeting approved the accounts of the Parent Company as well as the consolidated accounts of the Group. The Parent Company's NPAT reached US$ 29.0 million for the fiscal year ended December 31, 1999. The consolidated accounts of the Group showed a profit of US$ 77.5 million, or US$ 0.727 per share. Including the profit brought forward from 1998, the profit available for allocation by the General Meeting was US$ 36.9 million. The General Meeting voted to pay a net dividend of US$ 31,437,781 to the shareholders, an increase of almost 16% on the previous year. The profit to be carried forward to 2000 shall be US$ 5,336,224.77. The Board further fixed Thursday, July 13, 2000 as payment date for the 1999 dividend of US$ 0.295 net per share (coupon no. 10) to be paid to all shareholders holding common shares or non-voting preferred shares as of July 12, 2000 (record date).

Related Content

The guardians of globalisation prepare to welcome Trump - Comment

The guardians of globalisation prepare to welcome Trump - Comment...

Where does Anheuser-Busch InBev see the future of beer? - Comment

Where does Anheuser-Busch InBev see the future of beer? - Comment...

"It is for drinks producers to be the most committed partners of governments to tackle the harmful u...

"We are craft but we are not part of the craft movement" - Interview, Hine international sales direc...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..

Forgot your password?