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Enel Chile Proposes Dividend Distribution Amidst Financial Adjustments

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Enel Chile Proposes Dividend Distribution Amidst Financial Adjustments

Enel Chile SA ( (ENIC) ) has provided an update.

On February 26, 2025, Enel Chile S.A. announced that its Board of Directors proposed the distribution of a final dividend of Ch$72,556,076,401, equating to 50% of the net income for 2024, to be approved at the Ordinary Shareholders’ Meeting on April 28, 2025. Additionally, an extraordinary dividend of Ch$221,042,199,313 is proposed to offset accounting losses due to a currency change in its subsidiary. These decisions reflect the company’s efforts to maintain shareholder value amidst financial adjustments.

More about Enel Chile SA

Enel Chile S.A. operates in the energy sector, primarily focusing on electricity generation and distribution. The company is a significant player in the Chilean market, providing energy solutions and services across the country.

YTD Price Performance: 21.48%

Average Trading Volume: 455,906

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $4.76B

Learn more about ENIC stock on TipRanks’ Stock Analysis page.

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