The General Shareholders´ Meeting approved at its ordinary meeting held on March 25, 2021‚ to distribute as dividend a sum equivalent to to one hundred seventy-three thousand two hundred twenty-two million eight hundred seventy thousand two hundred ninety-two pesos (COP 173,222,870,292). The total amount decreed corresponds to an annual dividend of COP$ 387.00 per share.
The decreed dividend will be paid as follows:
1. On April 5, 2021: 100% (COP 387 per share) to the minority shareholders and 33% (COP 127.71 per share) to the major shareholder.
2. On September 1, 2021: 67% (COP 259.29 per share) to the major shareholder.
The dividend is not taxed for foreign shareholders neither with income tax nor with dividend tax; for national shareholders is not taxed with income tax but is taxed with dividends at the rate that corresponds to legal or natural persons.