Shareholders

Ljubljana – The government confirmed on Wednesday the 2021 plan for the managing of capital investments put forward by Slovenian Sovereign Holding (SSH). The custodian of state assets expects 4.2% return on equity, which is up 0.8 percentage points from what is expected this year. Dividends should remain level.

All incomes from a series of sources should be taxed in the same way, according to an action plan prepared by the committee of experts led by Nobel Laureate Sir Christopher Pissarides.

Beneficiaries of the so-called "social dividend," a one-off handout stemming from the primary surplus overrun, should expect to see the amount charged to their accounts on Monday or Tuesday, government spokesman Stelios Petsas said last week.

A growing number of private equity firms are taking advantage of Europe's buoyant bond market to extract money from companies they hold by loading them with debt, prompting some investors to warn the fixed income rally is nearing its peak.

Listed gaming giant OPAP is planning to propose a share capital increase to its shareholders, in order to draw up to 800 million euros, instead of distributing a dividend to its old shareholders, in the period from 2019 to 2023.

Listed companies will distribute more dividends this year than 2018, according to data collected by Leon Depolas Securities for Kathimerini.

The tax administration now has data concerning Greeks with deposits, dividends, shares and real estate abroad over the last couple of years, in the context of the automatic exchange of information.

The inspectors of the Independent Authority for Public Revenue have been processing the data to establish whether the assets abroad have been declared.

Bank of Greece said on Monday that its board would propose a gross dividend per share of 0.67 euros, unchanged from 2017, on its 2018 profit.
The bank said it made net earnings of 657.6 million euros last year, down from 941.8 million euros in 2017.
Revenues dropped 16.8 percent year-on-year to 1.2 billion euros.

The government failed to pay out the social solidarity income, hospital doctors and nurses' extra shift payments, as well as other allowances, so that it will have the necessary liquidity to distribute the so-called social dividend and cover the retroactive payments due to "special wage grid" workers and pensioners.

Greek retailers are anticipating a marginal increase in turnover over the festive season, as they expect it to climb just above last year's 3.5 billion euros. Even if that is the case, it will still be a far cry from the 5.4 billion euros in sales of Christmas 2009, as turnover has dropped some 35 percent in the last eight years.