Shareholders and Investors
Logista keeps a commitment to permanent dialogue and the creation of long-term sustainable value, ensuring corporate profit as one of the bases for the future sustainability of the society in general and of the Group in particular
€1.18 (+5.4%)
Dividend per share
in 2019
€1.24 (+5.1%)
Earnings per Share
in 2019
Dividends
Logista’s dividends policy, subject to approval by the General Shareholders Meeting, consists in an annual pay out of at least 90% of the annual Consolidated Net Profit.
The total dividend indebted to fiscal year 2019 was €1.18 per share, a 5.4% above the total dividend indebted to the previous fiscal year and represented 95.2% of the Net Profit of the fiscal year (pay out).
Logista’s share
Since the closing of fiscal year 2014, when Logista was again listed, Logista’s share price annually rose by 4.4% compared to a 3.1% decline of the IBEX 35 index in the same period.
By the end of the fiscal year 2019, Logista's share price was €17.9.
Logista is part of the “IBEX Top Dividendo” index, with the 25 securities with the highest dividend yield among those included in IBEX 35, IBEX Medium Cap or IBEX Small Cap with at least a 2-year track record of ordinary dividend payments; and of the IBEX Medium Cap index, with the 20 largest companies in terms of market capitalization, adjusted by free float, after those included in the IBEX 35 index, as long as the annualized rotation is higher than 15%.
It is also part of the FTSE4Good index, consisting of those companies proving solid practices in environmental, social and corporate governance matters.
Integrity and transparency
of information
Egalitarian
treatment
of all shareholders
Prudent management
of financial and
non-financial risks
Integrity and transparency of the information
Logista manages the relationship with investors and shareholders through the Investor Relations and Strategic Analysis department, with a commitment to maximum information transparency.
The Logista’s Policy on Information and Communications with shareholders, the securities markets and the public opinion establishes the company’s information, communications and contact instruments, and defines the criteria when communicating and contacting shareholders, analysts and large investors.
This Policy also rules the information provided by the Group to the media through press releases on the Group’s results and businesses developments, contracts signed or any other aspect deemed as relevant.
Equal treatment
All Logista’s shares are of a single class and series and have the same rights, so every shareholder has the same rights on an equal and equitable basis, notwithstanding the number of shares owned, including the attendance to the General Shareholders Meeting.
Prudent and responsible management of the risks
The Corporate Risk Management system is included in the Group’s General Risk Management Policy, providing the guidelines to integrate all information of the Group’s different functions and operations and so providing an integral vision improving the Management’s ability to efficiently manage risks while minimizing the impacts if they were materialized.
The Logista´s risks management methodology is explained exhaustively in the Annual Report on Corporate Governance 2019.
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