E-Malt.com News article: Chile: CCU approves dividend for 2011

The Board of Directors of Chile’s No. 1 brewer CCU approved on December, 7 the distribution, with charge to year 2011’s profits, of Interim Dividend Nº242, which amounts to CLP61 per share (CLP305 per ADR), totalling CLP19,428,675,192.

This dividend will be paid on January 6, 2012 to all the shareholders of the record as of December 31, 2011.

CCU is a diversified beverage company operating principally in Chile and Argentina. CCU is the largest Chilean brewer, the second-largest Argentine brewer, the third-largest Chilean soft drink producer, the second-largest Chilean wine producer, the largest Chilean mineral water producer, one of the largest pisco producers and also participates in the rum and confectionery industries in Chile. The Company has licensing agreements with Heineken Brouwerijen B.V., Anheuser-Busch Incorporated, PepsiCo Inc., Paulaner Brauerei AG, Schweppes Holdings Limited, Guinness Brewing Worldwide Limited and Société des Produits Nestlé S.A.


09 December, 2011