Third quarter dividends ex-date is December 22, 2023. The dividend will be paid on December 28.
“The quarterly dividend exceeds two euro cents per share for the first time, thanks to which a total of almost 970,000 euros in dividends can be paid. This confirms not only the growth of DelfinGroup, but also a stable financial position that guarantees regular returns long-term for shareholders. DelfinGroup has paid a total of 11 dividends in the last two years since the company’s IPO and we plan to continue this dividend policy in the future,” said Aldis Umblejs, member of the board of directors of DelfinGroup.
In the third quarter of this year, the company significantly improved its financial results, which allowed it to pay more dividends than before. The company’s pre-tax profit increased 12% compared to the third quarter of last year, to 2.2 million euros, while revenue increased 38% to 13.3 million euros. At the same time, the company’s credit portfolio reached a record level of 84.6 million euros.
“We will continue to strengthen the company’s development, ensuring regular dividend payments and keeping the dividend yield stable, which is currently around 6%. Over the past two years, we have managed to increase dividend payments, which is a positive sign for the stability of the company and for investors. Meanwhile, the board has decided to evaluate the payment of an additional annual dividend after the approval of the 2023 audited annual report, taking into account the company’s long-term development plans”, added Umblejs.
DelfinGroup’s nine-month turnover increased by 46% compared to the same period last year, reaching 36.9 million euros. DelfinGroup’s EBITDA increased to €13.1 million, up 41% compared to nine months of 2022, while pre-tax profit increased 11% to €6 million.
DelfinGroup shares today recorded a rise of 2.3% and are trading at 1.33 euros.
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2023-12-12 12:30:00
delfingroup-pays-almost-one-million-euros-in-dividends-for-the-third-quarter