The recovery of Easyjet continues on the London Stock Exchange, which after the losses on Monday and Tuesday (respectively -2,51% and -1,84%), today travels positive for the third consecutive session, gaining 0,37 at the end of the morning, XNUMX%.
Yesterday the low-cost airline announced it would increase the payout ratio of the ordinary dividend paid to its shareholders from 33% to 40% of ordinary profit. The new policy will start on September 30, which will mark the end of the fiscal year.
Details of the dividend paid for the period (1 October 2013 - 30 September 2014) will be disclosed at the group's annual results on 18 November and the coupon will be subject to shareholder approval at the general meeting on 12 February.
Meanwhile, EasyJet has ordered 27 additional Airbus A320ceo aircraft, bringing the number of its aircraft in this category to 315. The British company, which has an all-Airbus fleet, has chosen the A320 Family aircraft.
The new contract is worth $2,05 billion at list prices and the group said it got "a very significant discount" off the theoretical price. The 27 A320s operated by EasyJet will be delivered between 2015 and 2018.
