Market announcement
Arco Vara AS
LEI code
097900BHCB0000066171
Size of the entity
Small group
Economic activities
Professional, Scientific and Technical Activities
Country of registered office
Estonia
General information
Categories
Dividends
Unique data record identifier
11022
Submission date and time
13.03.2024 09:00:00
Content of announcement in Estonian
Title
Arco Vara AS-i dividendipoliitika ettepanek
Message
Arco Vara AS nõukogu ja juhataja teevad ettepaneku jätkata dividendipoliitikaga, mis maksab dividendi kvartaalselt: juunis 2 senti, septembris 1 sent, detsembris 2 senti ning märtsis 1 sent aktsia kohta. Hetke ARC1T hinnataseme juures teeb see dividenditootluseks veidi üle 3,6 protsendi. Kvartaalsete dividendide saamise õigust omavate aktsionäride nimekiri fikseeritakse kõikidel juhtudel sama kuu 6. kuupäeval. Arco Vara tegevjuht Miko-Ove Niinemäe: "Kvartaalne dividend on saanud aktsionäridelt vaid positiivset tagasisidet. Kui üldiselt on Eesti investor harjunud dividendi laekumist nägema vaid aasta keskpaigas, siis Arco Vara poolt saab dividenditulu nautida ka enne jõule." Dividendipoliitika kinnitamise õigus on üldkoosolekul 2024. aasta kevadel. Tiina Malm Finantsjuht Arco Vara AS +372 6144 630 [email protected]
Content of announcement in English
Title
Arco Vara AS dividend policy proposal
Message
The supervisory board and CEO of Arco Vara AS propose to continue with the dividend policy, which pays dividends quarterly: 2 cents in June, 1 cent in September, 2 cents in December and 1 cent per share in March. At the current ARC1T price level, that makes the dividend yield just over 3.6 percent. The list of shareholders entitled to receive quarterly dividends is fixed in all cases on the 6th of the same month. Miko-Ove Niinemäe, the CEO of Arco Vara: "The quarterly dividend has only received positive feedback from shareholders. While in general, Estonian investors are used to seeing the receipt of dividends only in the middle of the year, Arco Vara allows you to enjoy the dividend income even before Christmas." The right to approve the dividend policy is at the general meeting in the spring of 2024. Tiina Malm CFO Arco Vara AS +372 614 4630 [email protected]