Profil:
Dom Development SADom Development's management board recommends total dividend of PLN 13/share for 2024
Listed real estate developer Dom Development's management board recommends that a total of PLN 335.4 million (EUR 80.3 mln) or PLN 13 (EUR 3.11) per share is to be paid out as dividend for 2024, the company said in a market filing. Taking into account the advance payment of PLN 154.8 million (EUR 37.1 mln) or PLN 6 (EUR 1.44) per share, there would be PLN 180.6 million (EUR 43.2 mln) or PLN 7 (EUR 1.68) per share left to be paid out.
Dom Development's net profit for 2024 was approximately PLN 419 million (EUR 100.3 mln). The remaining part of the profit, amounting to PLN 83.6 million (EUR 20.01 mln), would be allocated to increase the reserve capital.
The company's management board proposes to set June 25, 2025, as the dividend day and the proposed dividend payment date is July 3, 2025.
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