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Duna House board proposes HUF 32-per-share dividend

Residential

Photo by Fabio Balbi / Shutterstock.com

The board of listed real estate broker Duna House will propose payment of a HUF 32-per-share dividend on last year's earnings at an annual general meeting scheduled for April 27, the AGM proposals posted on the website of the Budapest Stock Exchange show.

The dividend fund would come to just under HUF 1.2 billion, if shareholders approve the proposal, and include close to HUF 0.1 billion paid on employee shares.

Duna House had a comprehensive income of HUF 1.5 bln last year.

A year earlier, Duna House shareholders approved payment of a HUF 25.5-per-share dividend on top on a HUF 13.3-per-share interim payment.

In an investor presentation also posted on the bourse's website, Duna House said it aims to boost its market cap from EUR 49 million to EUR 100 mln in the short term and to EUR 150 mln-200 mln in the mid-term. It also aims to raise free float to 50%.

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