IAG announces first ever interim dividend

On Thursday, IAG announced it would pay its first dividend and that the full-year payout would equal a quarter of its full-year underlying profits after tax.

The Anglo-Hispanic carrier, which is led by Willie Walsh, confirmed it would pay out a gross interim dividend of 10 euro cents per share.

The amount of the final dividend for 2015 would be announced following the publication of the company's full-year results on 30 October, Walsh said.

As of 14:20 shares of IAG were 2.29% lower to 595.5p.