Duna House shares hit record height

Telco

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.

ADVERTISEMENT

PMI Falls Under 50 Analysis

PMI Falls Under 50

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

Blue Chip Art and Passion Assets - Claudia Worthington Hess ... Podcasts

Blue Chip Art and Passion Assets - Claudia Worthington Hess ...

Magyar Posta to Close 35 Post Offices in Capital City

Magyar Posta to Close 35 Post Offices in Capital

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.