Dividend distribution and payment dates are determined by the annual General Shareholders Meeting. Mechanisms for dividend payment are:
Deposit in bank account. It is requested through the Shareholder News Update Form, found here, or through a letter addressed to the Manager of Corporate and Institutional Affairs at Grupo Argos or the Manager of Securities of Fiduciaria Bancolombia, informing the banking institution, name of account holder, number and type of account. If the account holder is different from the shareholder, the authorization must be signed by both of them and notarized.
Cash or check. The shareholder should inform in which Bancolombia office he/she wishes the payment to be made.
Payment through brokerage firm. The firm must inform the account to which the payment should be made and send the securities management agreement signed by the shareholder, a copy of the shareholder’s identification document and a copy of the title or deposit certification.