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Iberdrola, a Benchmark stock
Iberdrola shares are listed on all four Spanish stock markets and are traded through the electronic continuous market (Spanish Stock Exchange). The company is also listed on the New York market in the form of ADR (American Depositary Receipt) and on the NYSE (New York Stock Exchange) as Avangrid.
Furthermore, it is part of over 65 internationals indices such as the Dow Jones Euro Stoxx 50, made up of the fifty largest and most liquid stocks in the euro zone, or the Dow Jones Sustainability Index, which brings together companies with the best sustainability profile.
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IBE-MADRID STOCK EXCHANGE
Iberdrola is one of ten companies to have remained listed on the IBEX-35 since its creation on 14 January 1992.
Thanks to the confidence in the structural strength of our group, the Iberdrola Board of Directors has since approved a 3.7% increase for the dividend per share of the second edition of the 2017 Scrip Dividend: "Iberdrola Dividendo Flexible", which will materialise in January 2018 and for which the company assumes a purchase commitment of at least €0.14 gross per subscription right.
The company is also listed on the New York market in the form of ADR, American Depositary Receipt, a US negotiable certificate that represents the underlying securities of a non-US company.
On 17 December 2015, Iberdrola began trading on the New York Stock Exchange (NYSE) under the name of Avangrid and the ticker "AGR". In the first nine months of 2017, Avangrid's net profit increased to 494 million dollars, a rise of 14%, and the subsidiary now offers a Total shareholder return (TSR) of over 38%.