Portucel’s Board of Directors will propose in April the payment of a third interim dividend within four months. A total of €56m will be distributed to the shareholders, who are to be paid at a rate of 7.8 cents per share. In December last year, Portucel approved the payment of a dividend of 13.95 cents, in the form of retained earnings. A month earlier, in November, it had approved the early distribution of profits totaling €29.9m, equivalent to 4.18 cents per share. Portucel recorded in 2015 a 196.4 million profit, 8.2 percent more than in the previous year.
