Ordina’s General Meeting today approved the proposal to pay out an interim cash dividend of 9.5 cents per share, to be charged to the general reserve.
In view of the uncertain market conditions, earlier this year Ordina decided to refrain from proposing a dividend payment. However, the positive financial results have resulted in a strong balance sheet, which gives the company a strong enough buffer, even in these uncertain times. Ordina therefore proposed to pay out the previously withdrawn dividend of 9.5 cents per share in the fourth quarter of 2020. The dividend, less dividend tax, will be made payable on 22 December of this year. Ordina N.V. shares will be listed ex dividend on 14 December. The registration date is 15 December.
In view of the current Covid-19 developments and associated health risks, the meeting was conducted entirely virtually.