Korado approved BGN 0.19 DPS for 2023 (NEUTRAL)

20.06.2024 Source: Korado; FFBH

At the AGM of Korado (KBG), held on June 19, the shareholders approved the proposition to distribute BGN 2.5m as dividends for 2023. The sum is equivalent to a 70% payout ratio and a BGN 0.19 DPS (3.7% yield) for 2023, compared to BGN 0.20 total payment per share last year. The ex-dividend date is July 2, 2024.