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Duna House shares hit record height

Shares in real estate agency Duna House, listed in the Equities Prime category of the Budapest Stock Exchange (BÉT), climbed to a record high price of HUF 4,360 when markets closed last week, says a press release sent to the Budapest Business Journal.

According to Duna Houseʼs board, the performance can be attributed to the decision to pay the highest ever dividend in the history of the company, as well as the trust put into the further development of the company group.

According to the dividend decision, share owners received a HUF 247.48 dividend on each share, with the total dividend fund amounting to approximately HUF 851 million. The company has been constantly increasing dividends ever since its IPO, with share owners receiving HUF 130 per share at the end of 2016, and HUF 177.61 per share on 2017 earnings.

State news agency MTI reported Tuesday that Duna Houseʼs standalone report for last year, approved by its AGM, showed total comprehensive income of HUF 775.8 mln and total assets of HUF 4.955 billion. Shareholders also approved the firmʼs IFRS consolidated report, with total comprehensive income of HUF 1.708 bln and total assets of HUF 11.078 bln in 2018.