Richter Board Proposes HUF 423/Share Dividend
Image by LaMography/Móni Lázár
The board of Gedeon Richter will propose payment of a HUF 423-per-share dividend on last year's earnings at an annual general meeting on April 25, the listed pharmaceutical company said on Monday, according to news agency MTI.
Richter had a consolidated net income of HUF 158.9 billion in 2023, an earnings report released in February shows.
Richter paid a HUF 390-per-share dividend on 2022 earnings.
In related news, the Budapest Stock Exchange's main BUX index was up 0.32% at 65,448.88 about 15 minutes after the opening bell on Monday, lifted by the dividend proposal by the board of Richter.
Richter itself advanced 1.3% to HUF 9,320.
Rail Cargo Group Leases Logisztár Terminal to S. Korean Logi...
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
