Meridian named after Korolyov (Kyiv), a subsidiary of the state-owned Ukroboronprom concern, plans to allocate 30% of its net profit of UAH 11.15 million for dividend payments based on its 2025 financial results.
This draft resolution on the payment of dividends is included in the agenda for the general meeting of shareholders, scheduled for April 23, which was published in the NSSMC’s disclosure system. The remaining 70% of net profit is planned to be retained by the company.
Dividends are planned to be paid by July 1 of this year at a rate of 3.32 UAH per share with a par value of 0.5 UAH.
As reported, in 2024 the company’s net profit amounted to 11 million UAH, and the company planned to allocate 30% or 70% of net profit to dividends. Information regarding the decision is currently unavailable.
According to the NSSMC, as of the fourth quarter of 2025, the state, represented by the Ukroboronprom concern, owns 50%+1 share of OJSC “Meridian named after Korolyov,” while another 40.0753% is held by Meridian Soyuz LLC, whose ultimate beneficiary, according to YouControl, is Vadym Hryb—the owner of the investment company TekT.
Shareholders at the meeting also plan to change the company’s name from an open joint-stock company (OJSC) to a joint-stock company (JSC) and to re-elect the supervisory board, terminating the powers of the previous six-member board.
In addition, the agenda includes the resignation of the chairman of the board, Vyacheslav Protsenko.
“Meridian named after Korolev” is a diversified enterprise founded in 1953 that specializes in the development and mass production of electronic devices for various purposes, including radio measurement instruments: frequency meters, spectrum analyzers, and generators.
The company also performs electrogalvanizing, laser cutting of metals, and plastic molding.