Corficolombiana Reports Dividend, Investments, and Social Progress
In a Monday session on March 28, the General Assembly of Corficolombiana approved a dividend of 2,260 per share in common or preferred stock.
With 323,436,106 shares outstanding as of December 31 of the previous year, the dividend will be issued at a rate of one new share for every 12,460,177 ordinary shares. Preference shares will be issued at a rate of one for every 10,030,976 shares.
Separately, the House announced a consolidated investment of 2.24 trillion dollars for 2021. The company reported the creation of 31,252 jobs across its five strongest investment sectors: infrastructure, energy and gas, hospitality, agribusiness, and finance.
During the assembly, emphasis was placed on the Sustainable Corficolombiana Strategy, guided by five pillars. These include pursuing efficient and profitable investments that promote national development, building trust with stakeholders, upholding ethical and responsible decision making, protecting the environment and using resources wisely, and prioritizing the well being of employees.
In the social finance arena, Corficolombiana issued its first 500,000 million social bond last year. The entity has also participated in the Carbon Disclosure Project and has achieved carbon neutrality. A total of 73,300 million has been invested in social programs benefiting 431,026 people across 239 communities.
Fiduciaria Corficolombiana reported strong results as well, with its structured trust activities returning to pre-pandemic levels. Casa de Bolsa strengthened its client services and ranked second in the market for traded share volume among all brokers in the country.
Source: Lare Publica