Bank of Georgia announces reduced final dividend for 2023

Mon, 13th May 2024 10:39

(Alliance News) - Bank of Georgia Group PLC on Monday announced its proposed final dividend for 2023.

The Tbilisi, Georgia-based lender proposed a final dividend of GEL4.94 per ordinary share, approximately GBP1.47, down 15% from GEL5.80 last year.

The dividend remains subject to approval by shareholders at the upcoming annual general meeting on June 17.

Bank of Georgia shares were up 0.3% to 4,955.00 pence each in London on Monday morning.

By Elijah Dale, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Related Shares

More News

23 May 2024 13:17

IN BRIEF: Bank of Georgia subsidiary redeems USD100 million notes

Bank of Georgia Group PLC - Tbilisi, Georgia-based lender - Says its banking business subsidiary JSC Bank of Georgia has issued a notice that it will ...

22 May 2024 14:45

UK earnings, trading statements calendar - next 7 days

15 May 2024 19:19

EU urges Georgia to withdraw 'foreign agent' bill as protests continue

BRUSSELS/TBILISI, May 15 (Reuters) - The European Union urged Georgia on Wednesday to withdraw its highly contested "foreign agents" bill, saying th...

15 May 2024 15:00

London close: Stocks green as US inflation comes in cooler

(Sharecast News) - London markets ended on a positive note on Wednesday, with strong showings from the likes of Experian and Imperial Brands, as inves...

14 May 2024 16:40

London close: Stocks manage gains as unemployment rises

(Sharecast News) - London stocks closed higher on Tuesday, as investors analysed the latest UK jobs data and remarks from Bank of England chief econom...