Hera's Corporate governance system is effective to evaluate and assess the inputs from an increasingly complex economic and social context.
The strong roots in the geographical areas of operation are strengthened as a result of unceasing dialogue which consists in developing an open, transparent "way of doing business".
The articles of association provides that the Board be vested with broad and unrestricted powers for the ordinary and extraordinary management of the company.
Hera Shareholders' Meetings are generally well attended by shareholders; at the last meeting held on 27 April 2012, for the approval of the 2011 financial statements, shareholders representing 73% of the capital were present.
In its mission, Hera has stated its intention to guarantee continuous creation of value for its shareholders, offering suitable return on capital invested.
| DISTRIBUTION OF DIVIDENDS | |||
| Dividends | 2019 | 2018 | 2017 |
| DPS (€) | 0.10 | 0.10 | 0.095 |
| Dividend yield | 2.6% | 3.7% | 3.2% |
| Coupon | 6 July 2020 | 24 June 2019 | 18 June 2018 |
| Payment | 8 July 2020 | 26 June 2019 | 20 June 2018 |
| Pay Out | 49% | 52% | 56% |
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