Inditex had no surprises in FY18. However, estimates for short-term growth of around 4-6% organically were disappointing. Also, the group has raised its dividend payout policy, which is rather a noise to please investors but, in the end, cash will end up in Ortega’s pocket.
13 Mar 2019
Ortega piles up more dividend from Inditex
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Ortega piles up more dividend from Inditex
Industria de Diseno Textil, S.A. (ITX:WBO) | 0 0 1.6% | Mkt Cap: 83,713m
- Published:
13 Mar 2019 -
Author:
Rim BEN SALAH -
Pages:
2
Inditex had no surprises in FY18. However, estimates for short-term growth of around 4-6% organically were disappointing. Also, the group has raised its dividend payout policy, which is rather a noise to please investors but, in the end, cash will end up in Ortega’s pocket.