Brodnjak Family Invests Ahead of NLB Dividend Decision
The Brodnjak family has recently acquired shares in NLB ahead of the bank’s upcoming general meeting on June 15th, where key decisions regarding dividend payments will be made. The meeting will determine the initial year’s dividend payout, proposed by NLB’s management and supervisory board. The board recommends a total dividend of 138.4 million euros, equating to 6.92 euros per share gross.
A second tranche of the same amount is planned for a shareholder vote at the end of the year. Shareholders registered with the Central Clearing Deposit Company by June 22nd will be eligible to receive the initial dividend payment. Currently, NLB shares are the most actively traded on the first stock exchange, with the price standing at 222 euros this morning.
The shares represent the third-largest holding within the exchange. NLB reported a group profit of 503.1 million euros for the last fiscal year, a slight decrease of two percent compared to 2024. Despite this reduction, the group has achieved profitability exceeding half a billion euros for the third consecutive year.
This investment highlights the Brodnjak family’s continued interest in NLB’s performance and future prospects.
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This investment highlights the significant interest surrounding NLB’s potential dividend payouts.