MADRID, 1 (EUROPEAN PRESS)

The founder and main shareholder of Inditex, Amancio Ortega, will enter this year a total of 1,718 million euros in dividends from the company when he collects this Wednesday, November 2, 859 million euros for the final remuneration of the year that the Galician company will pay to its shareholders.

In particular, the entrepreneur will receive this year’s dividend of more than 1,700 million euros from the textile company, on top of the 1,294 million he received for this concept last year.

In total, the company will pay its shareholders 2.898 million euros this year, after increasing its dividend by 33%, to 0.93 euros per share, consisting of an ordinary dividend of 0.63 euros and an extraordinary dividend of 0.30 euros per share.

In this way, this dividend payment will be made in two equal payments, one already executed at 0.465 euros per share on May 2, and another in the same amount that the company will pay this Wednesday, November 2.

In addition, the board agreed to set an extraordinary dividend of 0.40 euros per share for 2022, which will be added to the ordinary dividends to be distributed throughout 2023.

The founder of Inditex, which will receive a dividend of nearly 860 million euros this Wednesday through Pontegadea Inversiones and Partler, with whom he controls 59.294% of the textile group, equivalent to a package of 1.848 million shares, invested part of the dividend. received from Inditex in the real estate sector.

Ortega owns the largest Spanish real estate company, focused on the purchase and management of large buildings, with a portfolio of real estate assets consisting mainly of non-residential office buildings located in the centers of major cities in Spain, the United Kingdom, the United States and the United States. Asia. .

One of his most recent operations was the purchase of a luxury New York apartment skyscraper for nearly 500 million dollars (505 million euros).

Meanwhile, his daughter Sandra Ortega, who owns 5.053 percent of the Galician company, will collect more than 146 million euros in dividends from Inditex this year, half of it also this Wednesday.