Glanbia Co-op completes dividend payment

Glanbia Co-operative Society has completed the transfer of the Ordinary Share Interest (Dividend) to the bank accounts of eligible Members.

This payment is due to transfer to the bank accounts of eligible Members this week.

The recent Annual General Meeting (AGM) approved Share Interest (Dividend) of 15 cent per share for 2019, which is 15% higher than the previous year.

At a Special General Meeting post the AGM, Members also approved the creation of a €30 million Support Fund and the distribution of 13.5 cent per share (c.€5 million) in Share Interest (Special Dividend) to be paid no later than 31 December 2020.

Glanbia Co-op Chairman, Martin Keane, said: “Glanbia Co-op Members benefitted from a strong dividend in 2018, with a total of €14.8m paid out to Members (39 cent per share). Glanbia Co-op works to distribute the value created by our investments in Glanbia plc and Glanbia Ireland (GI) back to our Members through supports and a progressive dividend policy.”

Members with any questions regarding the payment of their Share Interest should contact the Glanbia Co-op Share Office on 058-22241.

First Published 25 June 2019