Payment of Second Dividend Confirmed at the General Meeting of NLB d.d.

At today’s 43rd General Meeting 64,87% of shares with voting rights were present. Shareholders confirmed the payment of second dividend at EUR 5.5 gross per share or EUR 110 million, making a total dividend pay-out in 2024 EUR 220 million. EUR 110 million were namely already paid out to shareholders in June.

Together both pay-outs in the amount of EUR 220 million from the profit generated in 2023 represent a 100% increase from dividend payments made that year. They are not included in the capital base, meaning that they will not affect NLB Group’s capital ratios and will remain stable (total capital ratio above 18%, tier1 ratio above 15% and CET1 ratio above 14.5% on the last reporting date), with each ratio more than 200bps above the regulatory requirement after the dividend distribution. 

NLB Communications