Banco Comercial do Atlântico (BCA), the largest bank in Cape Verde, owned by Caixa Geral de Depósitos group, has decided to apply 25 percent of its 2020 profits as dividends to shareholders.
Banco Comercial do Atlântico (BCA), Cabo Verde’s largest bank, owned by Caixa Geral de Depósitos group, decided to apply 25% of 2020 profits in dividends to shareholders, amounting to €2.50 per share.
According to information from the bank consulted by Lusa, the decision to pay dividends was taken at an extraordinary general meeting held on 10 December and implemented last Monday.
BCA thus set aside 25% of profits, equivalent to PTE 370,409,544 (€3.3 million), to distribute dividends for 2020, worth PTE 279.604 (€2.52) per share.
Through Banco Interatlântico, which it also owns in Cape Verde, Caixa Geral de Depósitos (CGD) controls 52.65% of BCA, to which it adds its own stake of 6.76%. The National Social Security Institute of Cape Verde has a 12.54% stake in BCA.