Paulo Macedo's CGD Delivers a €1.25 Billion Dividend to the Portuguese State on 26 June — €952.2 Million From the €1.98 Billion 2025 Profit, €297.8 Million From Reserves and a Capital Lift From €4.525 Billion to €6 Billion
CGD pays the Portuguese State €1.25 billion on 26 June 2026 — €952.2M from the €1.98B 2025 net profit and €297.8M from reserves — the largest single-bank distribution in Portuguese history. The 29 May AGM also lifted social capital from €4.525B to €6B via reserves incorporation.