Credicorp Amends Dividend Policy, Commits to Minimum 25% Net Profit Payout

summarizeSummary

Credicorp Ltd. amended its dividend policy, committing to pay at least 25% of consolidated net profit as cash dividends, while retaining Board discretion for adjustments.

check_boxKey Events

• Amended Dividend Policy

  The Board of Directors approved an amendment to the company's dividend policy on February 26, 2026.

• Minimum Payout Established

  The new policy commits to declaring and paying cash dividends of no less than 25% of the company's consolidated net profit from its latest audited financial statements.

• Board Discretion Maintained

  The policy outlines conditions under which the Board may determine to pay a percentage less than 25%, considering financial performance, regulatory requirements, and other factors.

• Annual Payment Expectation

  Dividend payments are expected to be made once a year, within 90 calendar days following the Board's declaration.

auto_awesomeAnalysis

Credicorp Ltd. has updated its dividend policy to formalize a commitment to distribute no less than 25% of its consolidated net profit as cash dividends. This amendment provides greater clarity and a baseline expectation for shareholder returns, although the Board retains discretion to adjust the payout under specific financial and regulatory conditions. This move enhances corporate governance and transparency regarding capital allocation.