MADRID -(Dow Jones)- Spanish telecoms giant Telefonica SA (TEF) said Thursday it will pay a EUR0.50 pretax dividend Nov. 11.
The dividend will be charged against the Madrid-based company's reserves, and is the second dividend payment this year from Telefonica.
Telefonica paid a EUR0.05 a share dividend May 12. The company has said it will pay a total dividend of EUR1.15 a share this year.
Company Web site: www.telefonica.es
-By Christopher Bjork, Dow Jones Newswires; 34 91 395 8123; christopher.bjork@dowjones.com