KBG shareholders approved BGN 0.10 interim DPS (NEUTRAL)

16.09.2021 Source: Korado; FFBH

On the EGM held on Sep 15, the shareholders of Korado (KBG) approved the distribution of BGN 1.3m (87% payout ratio) as semi-annual dividend for the first half of 2021. This translates to a gross DPS of BGN 0.10 (same as last year) and annualized dividend yield of 3.3% at Sep 15 close. Ex-dividend date is September 28, 2021.