trending Market Intelligence /marketintelligence/en/news-insights/trending/blgqjpkyjsagbhskpmyxbg2 content esgSubNav
In This List

Banco de Chile sets stock dividend payout

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch


Banco de Chile sets stock dividend payout

Banco de Chile said it will pay out an amount equal to 40% of its distributable net income from 2017 through the issuance of 1,572,948,922 fully paid-in shares.

The amount breaks down to 93.73 Chilean pesos per share, to be distributed among shareholders at the rate of 0.02238030880 of a share for each share already held.

The move will increase the bank's capital stock by about 147.43 billion Chilean pesos.

As of March 26, US$1 was equivalent to 605.32 Chilean pesos.