The general meeting of shareholders of JSC Concern Galnaftogaz has decided to allocate most of its net profit for 2024 to dividend payments, according to the SMIDA information disclosure system.
According to the report, the total amount of dividends payable for last year is UAH 1.26 billion. The dividend per share is UAH 0.064. The payment period is from May 26 to October 30, 2025 (inclusive).
In accordance with this decision, on May 8, the board of directors of the concern decided to set May 23 as the date for compiling the list of persons entitled to receive dividends.
As reported, at the end of 2024, JSC Concern Galnaftogaz received UAH 1.424 billion in net profit. “Our company pays dividends from one business and reinvests the funds in the creation of new infrastructure and jobs in Ukraine in others. We are talking about our projects in renewable energy – we are building a 147 MW wind farm, with plans for a second phase with a larger capacity of 190 MW; a biofuel production plant is also under construction, and we are developing the agricultural sector. Investments in alternative energy alone amount to over €600 million. These projects are being implemented despite all the military risks, which demonstrates our company’s long-term business motivation within the country,” commented Vasyl Danylyak, CEO of the OKKO group of companies.
Vitaliy Antonov, a shareholder of GNG RETAIL LIMITED registered in Cyprus, who owns 99.22619% of its shares, initiated the distribution of profits at the shareholders’ meeting on April 30, 2025, as follows: UAH 1.26 billion for dividends and UAH 165.67 million to be left undistributed at the disposal of the joint-stock company.
Another draft resolution of the meeting on the distribution of profits provided for leaving it undistributed at the disposal of the joint-stock company.
Galnaftogaz manages one of the largest OKKO fuel station chains, which has over 400 complexes with a network of catering establishments. The concern also includes other businesses.
In June 2024, the EBRD and OKKO signed a EUR60 million loan agreement at the Ukraine Recovery Conference in Berlin for the construction of a new bioethanol plant in the Ternopil region with a capacity of 83,000 tons per year. It is planned to be built in two years. The products will be sold on foreign and domestic markets.
Recently, Vasyl Danylyak, CEO of the OKKO group of companies, announced that its 20 MW energy storage facility (ESF), which was completed at the end of 2024, could start providing energy balancing services to NEC Ukrenergo next month.
He also noted that the group is diversifying its business and, as part of this diversification, is developing a number of projects in renewable energy.
According to Danylyak, active preparations are underway for the construction of a 147 MW wind farm in the Volyn region, with financing provided by a number of international financial institutions. The company plans to complete the first phase of the wind farm by the end of this year, with full capacity expected to be reached by the end of the first quarter of next year.
Danylyak also announced further plans to implement a larger project in the Volyn region – a 190 MW wind farm, which has been under development for the past two years. Its cost is estimated at EUR 300 million, while the 147 MW wind farm is estimated at EUR 240 million.
According to him, the company is working with various financial institutions to raise funds for this project.
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.
