By Olivia Bugault

 

Banco Bilbao Vizcaya Argentaria SA said Monday after the market closed that it will declare a dividend for 2020.

The Spanish bank said it will propose a gross cash dividend of 5.9 European cents (7.04 U.S. cents) a share that will be paid in April after approval by shareholders.

"This amount corresponds to a 'payout' of 15% on the group's results for the year 2020, the maximum allowed by the supervisor for that year," it said.

 

Write to Olivia Bugault at olivia.bugault@wsj.com

 

(END) Dow Jones Newswires

March 16, 2021 03:12 ET (07:12 GMT)

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