EYDAP announced that it is processing the distribution and amount of an additional dividend from the profits of past years taking into account the geopolitical developments, the size of the investments that the company expects for the next 10 years, the uncertainty that still exists regarding the implementation of the new regulatory framework by the regulatory authority to be established, as well as other technical, economic and legal parameters, with responsibility and consistency for shareholders, consumers and employees.
The completion of the analysis of the data on which the decision will be based is timed between October and November 2022. In the event of a positive proposal to distribute the above additional dividend, an Extraordinary General Meeting of Shareholders will be convened to take the relevant decision.
It is recalled that the recent Ordinary General Meeting already approved the distribution of a profit dividend for the year 2021 in the amount of 29,820,000.00 euros, i.e. a dividend of 0.28 euros per share. The average dividend yield of the last three years is 5.13%.
Source: Capital
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