OJSC “Meridian” named after Korolyov” (Kyiv), a part of the state concern ‘Ukroboronprom’, paid dividends to shareholders for 2023 totaling UAH 10.985 million at the rate of UAH 10.9038 per share of UAH 0.5 par value.
According to the information published in the disclosure system of the National Securities and Stock Market Commission (NSSMC), this decision was made by an extraordinary meeting of shareholders on December 5.
At the same time, the dividend payment period is from November 27 to December 31, 2024. Dividends are paid through the depository system and directly to shareholders.
According to the NSSMC for the third quarter of 2024, the state, represented by Ukroboronprom, owns 50.0001% of shares in OJSC Meridian named after Korolyov, and another 40.0753% is owned by Meridian Union LLC, one of the beneficiaries of which, according to Clarity Project, is Vadym Hryb, co-owner of the Tekt investment company.
According to the agenda of the meeting, several options for the distribution of the net profit of UAH 12.205 million received in 2023 were put forward for approval by the shareholders, including 90% of the profit with a payment of UAH 10.9038 per share for dividends, and 10% to replenish the reserve capital.
The agenda also included the issue of the distribution of net profit received in 2024, according to the draft decision, it was planned to set the share of net profit to be allocated to dividends at 35%, and 65% to be used to replenish reserve capital.
“Founded in 1953, Meridian Korolyov is a diversified enterprise specializing in the development and serial production of electronic devices for various purposes, including radio measuring instruments: frequency meters, spectrum analyzers, and generators.
The company also performs galvanizing, laser cutting of metals, and plastic molding.
According to Clarity Project, the company increased its net revenue by 24% in 2023 to UAH 177.43 million compared to 2022, while net profit decreased by 27% to UAH 12.2 million.
