Dividends

The distribution of dividends, their amount and the date of payment are determined by a majority vote of the shareholders at the Annual Shareholder’s Meeting, with the recommendation of the Board of Directors. Dividend payments will depend on results, financial position, projected investments, restrictions on loan agreements and other factors affecting GCC. Due to the aforementioned factors, payment of dividends cannot be guaranteed every year.

Since 1992, GCC has paid annual dividends, except in 2009, 2010, 2011 and 2012.