Inditex shares climb ahead of second annual dividend payment

Madrid – Spanish fashion multinational Inditex is preparing to pay out just over 2.73 billion euros (3.04 billion dollars) to its shareholders on Monday, November 2. This amount corresponds to the second dividend payment agreed from the 2025 financial year results. The upcoming distribution has “revived” the company's share price, which has gained up to +10.63 percent in recent weeks.

Following previous reports from FashionUnited earlier this year, Inditex management announced the payout on March 11, 2026, coinciding with the presentation of its 2025 full-year results. The board of directors agreed to propose a total dividend of 1.75 euros per share in 2026 to the Annual General Meeting. This represents a +4.17 percent increase compared to the 1.68 euros dividend paid in 2025. The total comprises an ordinary dividend of 1.20 euros and a bonus dividend of 0.55 euros per share, distributed in two equal payments of 0.875 euros per share.

For the first of these two payments, Inditex distributed an initial dividend of 0.875 euros per share on May 4. This amount came entirely from the ordinary dividend allocation, resulting in a payout of just over 2.73 billion euros among holders of the company's 3,116,652,000 voting shares. The same amount will be distributed again after the Annual General Meeting approved the dividend payout from the 2025 results on July 7, 2026. This ratification validated the first payment and cleared the way for the remaining 0.875 euros per share proposed by the board of directors to reward Inditex shareholders in 2026. This second payment consists of the remaining 0.325 euros from the ordinary dividend and the full 0.55 euros bonus dividend for 2026.

With another 2.73 billion euros set to be distributed, all investors holding shares in the Spanish fashion multinational at market close on Wednesday, October 28 will be eligible for this second dividend of the year. The ex-dividend date is Thursday, October 29, followed by October 30 as the “record date”. The dividend will then be paid on Monday, November 2.

Amancio Ortega is main beneficiary of Inditex remuneration policy

Amancio Ortega, founder and majority shareholder of Inditex, will once again be the primary beneficiary of the Spanish fashion multinational's shareholder remuneration policy with this second dividend payment of 2026. The company founder owns 1,848,000,315 shares and controls 59.29 percent of voting rights through investment vehicles Pontegadea Inversiones and Partler Participaciones, meaning he will receive just over 1.62 billion euros from this payout. That figure doubles to more than 3.23 billion euros in total dividend income for Ortega in 2026 from the Spanish multinational alone.

According to the latest official data from the Spanish fashion multinational, Marta Ortega, non-executive chair of Inditex, directly holds 42,511 shares in the company. She will receive 37,197 euros in dividends on November 2, bringing her total for 2026 to more than 74,394 euros. Meanwhile, Óscar García Maceiras, chief executive officer of Inditex since November 2021, holds 158,237 shares. He will receive just over 138,457 euros on Monday, totalling more than 276,914 euros for the full year 2026.

Outside the Inditex board of directors, key shareholder Sandra Ortega Mera, daughter of the company's founder and his first wife Rosalía Mera Goyenechea, holds approximately 157,484,427 Inditex shares. This stake is equivalent to 5.05 percent of the share capital and voting rights. She manages these holdings through Rosp Corunna Participaciones Empresariales and will receive just over 28.39 million euros on November 2, amounting to more than 56.78 million euros across 2026.

Shares up +13 percent compared to 2025

Despite opening the trading session on Tuesday, October 27 with a -0.77 percent dip, Inditex shares have gained up to +10.63 percent in recent weeks. The stock rose from a closing price of 51.74 euros on September 18 to 57.24 euros at market close on Monday, October 26. This upward trend is driven by the upcoming second dividend payment for 2026, bringing the share price closer to the analyst consensus target of 60.39 euros per share.

Putting this performance into perspective based on the latest closing price of 57.24 euros, shares in the Spanish company have risen by +1.6 percent compared to their closing price of 56.34 euros on December 31, 2025. On a year-over-year basis, the stock has gained +13.97 percent compared to the 50.22 euros recorded at market close on October 27, 2025.