The General Shareholders´ Meeting approved at its ordinary meeting held on March 23, 2023 to distribute as dividends two hundred seventeen thousand three hundred ninety-two million two hundred eighty thousand one hundred thirty-two pesos ($217,392,280,132).  The total amount decreed corresponds to an annual dividend of $167,50 per share. 

The decreed dividend will be paid in one installment on March 30, 2023

The dividend is not subject to income tax or dividend tax for shareholders who are not tax residents in Colombia, in contrast, dividends are subject to income tax and dividend tax at the corresponding rate for national shareholders registered as legal or natural persons.  

Ex-dividend period
Initial date
In accordance with the provisions of Decree 4766 of 2011 and the General Regulations of the Stock Exchange, the stock negotiations that take place between the first day of dividends payment and the four trading days prior to that date do not include the right to receive dividends (ex-dividend period). In accordance to the date for the dividend payment, the ex – dividend period will correspond to March 24 of 2023.
Dividend Payment
Date of dividends declared Date of payment Dividend per share
23/03/2023 March 30, 2023 $167,50
24/03/2022 March 31, 2022 $ 531,00
25/03/2021 April 5 and September 1, 2021 $ 387,00
19/03/2020 April 1 to 17, 2020 $ 2.438,00
27/03/2019 April, July, October 2019 and January, 2020 $ 312,12
23/03/2018 April, July, October 2018 and January, 2019 $ 243,20
31/03/2017 April, July, October 2017 and January, 2018 $ 48,64
30/03/2016 April, July, October 2016 and January, 2017 $ 675,70