Credicorp (NYSE: BAP) sets S/50 per share dividend from 2025 earnings
Rhea-AI Filing Summary
Credicorp Ltd. has approved a large cash dividend based on its 2025 results. The board authorized a total dividend of S/4,719,115,850.00, drawn from 2025 net income of S/6,925,376,887.42. This dividend applies to 94,382,317 issued shares, equal to S/50.0000 per share.
Shareholders of record on May 18, 2026 will receive payment on June 12, 2026. The dividend will be paid in U.S. dollars, using the weighted exchange rate published by the Peruvian Superintendency of Banks, Insurance and Pension Funds as of June 10, 2026, with amounts rounded to four decimal places and no withholding tax at source.
Positive
- Large cash dividend distribution: Credicorp approved a cash dividend of S/4,719,115,850.00, equal to S/50.0000 per share on 94,382,317 shares, representing a substantial return of 2025 earnings to shareholders.
Negative
- None.
Insights
Credicorp is returning a substantial share of 2025 earnings via a cash dividend.
Credicorp Ltd. reported 2025 net income of S/6,925,376,887.42 and has approved a cash dividend of S/4,719,115,850.00. This equals S/50.0000 per share on 94,382,317 issued shares, signaling a sizable cash return to shareholders.
The filing notes that prior to this decision, 2025 net income had been allocated to voluntary reserves and retained earnings, which are now being partially distributed. The dividend will be paid on June 12, 2026 in U.S. dollars, using a weighted exchange rate set on June 10, 2026, and will not be subject to withholding tax at source.
This structure may be attractive for income-focused investors who value predictable cash distributions. Future communications around ongoing dividend practices or payout levels in subsequent years, if provided, would further clarify how this decision fits into the company’s long-term capital allocation approach.
