The shareholders of Ukrainian Fire Insurance Company (Kyiv) at a meeting on May 7 decided to allocate UAH 25.6 million for dividends, according to the company’s information posted in the NSSMC system.
The amount of dividends per share is UAH 1.6.
As reported, the company planned to allocate the retained earnings of “UPSK” for 2022 to pay dividends.
“UPSC” PrJSC was registered in 1993. It specializes, in particular, in insurance of motor vehicles, financial risks, tourists, property, cargo and luggage.
The insurer is a member of the Motor (Transport) Insurance Bureau of Ukraine and holds 36 insurance licenses: 20 for voluntary insurance and 16 for compulsory insurance.
The authorized capital of the insurer is UAH 100 million.
In 2023, mobile operator Vodafone Ukraine resumed paying dividends, having not paid them in 2022, according to its annual report posted on the company’s website on Tuesday.
“In 2023, the company declared dividends to shareholders totaling UAH 1.828 billion, or UAH 2.33 per share,” the report says.
It is stated that as of December 31, 2023, all declared dividends have been paid. In particular, Telco Solutions and Investments LLC received a dividend of UAH 1.810 billion on August 9, and PPT Telecom Kyiv received a dividend of UAH 18.28 million on October 26.
As noted, Vodafone Ukraine did not pay dividends to shareholders in 2022.
Earlier it was reported that in 2023, Vodafone Ukraine increased its revenue in hryvnia by 9% to UAH 21.6 billion, while reducing it in dollars by 4% to $591 million. At the same time, net profit increased 4.6 times to UAH 5.07 billion and 4.1 times to $139 million, respectively.
Swiss insurance company Chubb Ltd. with the bulk of its operations in the United States plans to increase its quarterly dividend by 5.8% to $0.91 per share.
According to the company’s press release, the board of directors recommended that shareholders at the annual meeting approve this amount of dividends for the current year.
Payments for the fourth quarter of $0.86 per share will be made on April 5. The share register is scheduled to close on March 15.
The dividend yield on Chubb’s securities after the increase in payments will be about 1.4% based on the quotes at the close of trading on Wednesday ($251.96).
The price of the insurer’s securities during the previous session on Thursday fell by 0.7%. Over the past three months, the company’s capitalization has increased by 11.2% (to $102.2 billion), while the S&P 500 stock index has added 9.3% over the same period.
Shareholders of PJSC “Production Association “Stalkanat” (Odessa) again approved the payment of dividends in the amount of 65 million 728.374 thousand UAH on the basis of 0.63 UAH per share from undistributed profits for part of 2022.
This decision was taken by the extraordinary general meeting of shareholders on December 2, 2022.
Dividend payment period – from February 6, 2023 to June 2, 2023.
Earlier, it was reported that shareholders of PrJSC “Production Association “Stalkanat” several times decided to direct the payment of dividends 65 million 728.374 thousand UAH on the basis of 0.63 UAH per share of undistributed profits for part of 2022.
PJSC Stalkanat produces steel and caprone wire ropes and hardware products.
As was reported, the general meeting of shareholders, which took place on September 3, 2021, decided to separate Stalkanat-Silur PJSC and create a new company – Stalkanat PJSC – with the transfer of its property, rights and obligations according to the approved distributive balance sheet.
Sergey Lavrinenko, general director of Stalkanat-Silur, explained earlier to Interfax-Ukraine agency that all shares of Stalkanat-Silur CJSC are distributed among all shareholders of Stalkanat-Silur CJSC. The shareholders agreed to spin off Stalkanat company, to which the Odesa industrial site will be transferred. In its turn, Stalkanat-Silur PJSC will also remain on its balance sheet as Silur, which is located in the temporarily uncontrolled territory (Khartsyzsk, Donetsk Region).
PA Stalkanat-Silur PJSC previously had two branches – in Odessa and in Khartsyzsk, Donetsk region, on the NKT. On December 1, 2016, the company’s management officially notified about the shutdown of the company’s branch in Khartsyzsk – the relevant announcement was published in the Uryadovy Kurier newspaper. Later, the management of PAO Stalkanat-Silur PJSC stated about the seizure of the company’s branch in Khartsyzsk on the NKT, sent a corresponding statement to the National Police.
According to the NDU, as of the fourth quarter of 2021, David Nemirovskyy (Ukraine) has 50.0001% of the company, Anton Mikhalenko – 23.7%, and Edery Liron (both Israel) – 23.1%.
The registered capital of Stalkanat-Silur is UAH 26.083 mln.
The board of directors of IMC agricultural holding has announced payment of interim dividends to the company’s shareholders in the amount of EUR0.18 per share.
According to the company’s statement on the Warsaw Stock Exchange (WSE), dividends will be paid in euros on August 28, 2020.
According to the WSE, the share price of IMC on August 14 fell by 1.77%, to PLN11.1 per share.
IMC specializes in cultivation of grain, oilseeds and milk production in Ukraine. The agricultural holding cultivates about 123,300 hectares of land in Poltava, Chernihiv and Sumy regions. It owns capacities for storage of 554,000 tonnes of grain and oilseeds.
In 2019, IMC agricultural holding posted $7.32 million in net profit, which is 3.8 times less than in 2018. IMC’s revenue for this period increased by 29%, to $169.6 million, of which $ 142.67 million is export.
The Cabinet of Ministers of Ukraine at a Wednesday meeting supported a bill of the Ministry of Infrastructure on the transfer of dividend payments for 2018-2019 by JSC Ukrzaliznytsia to no later than December 31, 2020 aiming at reducing the economic fallout from the coronavirus COVID-19 and the impact of lockdown on the financial and economic activities, the press service of the Ministry of Infrastructure has said.
According to an explanatory note to the bill, it is anticipated that the suspension of passenger traffic in Ukraine from March 18, 2020 will have a negative impact on the net profit of Ukrzaliznytsia in the amount of up to UAH 1 billion. At the same time, Ukrzaliznytsia was obliged to return significant amounts of funds for previously purchased tickets (almost UAH 300 million) to passengers.
In addition, a decrease in domestic production and the suspension of private shipping enterprises could result in the reduction in freight traffic in the first half of the year by 3-8% and will lead to a decrease in the volume of Ukrzaliznytsia earnings. In addition, due to the devaluation of the national currency in the first quarter of this year, FX losses in the amount of about UAH 5 billion are expected.
The document was agreed by the Ministry of Finance and the Ministry for Economic Development, Trade and Agriculture.
