For Mps 2 billion in profits, the coupon returns after 13 years. MPS closed 2023 with a profit of 2,052 million euros, which compares with the loss of 205 million achieved in 2022.
The board of directors' proposal, as stated in a note, is 0.25 euros per share, for a total dividend of 315 million euros. The result is higher than the 1,344 million expected by analysts and allows Siena to return to paying the dividend after thirteen years, two years ahead of plan.