Dividends
How banks achieved record profits in 2023
Greece's four systemic banks will distribute this year approximately 840 million euros in dividends, out of a total of €3.6 billion, which were the net profits of the previous year.
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SSM reviews bank dividends
Greek banks eye dividends on a par with the European average in the coming years, pointing to the high profitability fueled by higher interest rates and clearing their balance sheets of bad loans.
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Jumbo sees €0.322 dividend from 2022 profits
Jumbo Group on Wednesday said it will seek shareholder approval for a plan to pay a 0.322-euro dividend per share from its 2022 profits.
Jumbo paid a €1.155 dividend per share in 2022 in the form of extraordinary cash distributions and paid another €1.155 per share extraordinary cash distribution in March 2023.
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An ‘important milestone’ for Bank of Cyprus
The Bank of Cyprus is proceeding with a dividend payment after 12 years, after receiving the green light from the European Central Bank.
According to an announcement, the BoC Holdings board of directors will propose the payment of a final dividend of 0.05 euros per share from the profits of 2022 to shareholders at the annual general meeting, to be held on May 26.
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Motor Oil sees earnings jump in 2022
Athens-listed Motor Oil Group on Tuesday reported significant growth in its 2022 results, with turnover rising by 61.9% to 16.6 billion euros from €10.2 billion in 2021.
Operating earnings soared 308% to €1.39 billion from €341 million in 2021 and pre-tax earnings jumped to €1.55 billion from €258 million.
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Sava Re shareholders to get EUR 1.50 dividend
Ljubljana – The shareholders of insurance company Sava Re approved the proposal of the management and supervisory boards to distribute EUR 23.3 million from last year’s distributable profit of EUR 37.05 million for dividends. The dividend will amount to EUR 1.50 gross per share, and the rest of the distributable profit will remain unallocated.
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Telekom shareholders to get same dividend as last year
Ljubljana – Telekom Slovenije shareholders have decided to distribute EUR 29.24 million for dividends, or EUR 4.50 gross a share, to be paid out on 2 August. The management proposed a EUR 3.5 dividend, but the shareholders backed the MDS small shareholder association’s counter-proposal at Thursday’s annual general meeting.
Luka Koper shareholders get EUR 1.14 gross per share dividend
Koper – Port operator Luka Koper will pay out dividends of EUR 1.14 gross per share as shareholders on Monday endorsed a counter-proposal by Slovenian Sovereign Holding (SSH). This means that EUR 15.96 million will be paid out for dividends out of the EUR 29.5 million in distributable profit. The remaining EUR 13.6 million in distributable profit will remain undistributed.
Luka Koper shareholders to get lower dividends
Koper – The management of port operator Luka Koper has proposed dividends of EUR 0.71 gross per share for the 6 June AGM, a considerable drop from EUR 1.14 gross from last year. The dividends are set to be paid out on 31 August.
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NLB proposes additional dividend of EUR 3.37 per share
Ljubljana – NLB, Slovenia’s largest listed bank, has proposed an additional dividend of EUR 3.37 gross per share to be paid in December after the expiry in September of the central bank’s restrictions on the payout of bank profits. Shareholders will vote on the proposal at a general meeting scheduled for 16 December. The ex-dividend date would be 22 December, NLB announced on Friday.