ASBIS TO PAY A TOTAL OF USD 11.1 MILLION IN INTERIM DIVIDEND TO SHAREHOLDERS
ASBIS Group (WSE: ASB) - a leading Value Add Distributor, developer, and provider of ICT, IoT products, solutions, and services to the markets of Europe, the Middle East, and Africa (EMEA), continues to pay an interim dividend to its shareholders.
The Company informed that on 6 November 2024, the Board of Directors of the Company adopted a resolution to pay shareholders an interim dividend from the Company's profit for 2024 in the amount of USD 0.20 per share, a total of USD 11.1 million payout.
The interim dividend will cover all shares of the company - i.e., 55,500,000 shares. The record date for the shareholders to receive this dividend was set on 25 November 2024 and the payment date on 5 December 2024.
Serhei Kostevitch, CEO of ASBIS Group, commented: “We continue our policy of paying ASBIS shareholders an interim dividend. This year is full of challenges, but our Company remains strong and has solid foundations, which gives us great confidence in the Company's future. Despite major difficulties in our major markets, our expected net profit should be good enough, while the Company's investment needs are under control and cash flow is at healthy levels. The above allow us to pay part of the dividend before the end of the current financial year.”
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