9,367.77 TRY BIST 100 BIST 100
34.56 USD USD USD
36.19 EUR EUR EUR
4.79 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
41.35 TRY Interest Interest
74.24 USD Fossil Oil Fossil Oil
30.90 USD Silver Silver
4.09 USD Copper Copper
100.80 USD Iron Ore Iron Ore
365.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,982.57 TRY Gold (gr) Gold (gr)

Dividend announcement from Erbosan Boru for 2024

Erbosan Boru, which has been operating in Kayseri for many years, announced its dividend decision at the meeting held on April 25, 2024.

Dividend announcement from Erbosan Boru for 2024

Erbosan Erciyas Boru Sanayii ve Ticaret A.Ş., which exports more than 50% of its exports to Europe, America, the Middle East and Africa, has announced its decision on dividend distribution via the Public Announcement Platform (KAP). In its statement, the pipe company announced that as a company, it considers it appropriate to distribute a dividend of TL 2.2500000 gross and TL 2.0250000 net per share from the profit of 2023 and that this decision will be submitted to the General Assembly for approval. This results in a dividend yield of 0.87% based on the last share price.


In the official statement made at the board meeting held by Erbosan Boru; “While determining the dividend in accordance with the decision of the Capital Markets Board dated 07/03/2024 and numbered 14/382; It will be covered from the period profit not adjusted for inflation in the legal records, taking into account the amount of previous year losses and the period profit not adjusted for inflation in the legal records of 2023, which are presented for comparison in the profit distribution table, and also having its equivalent in the legal records created after the inflation correction. It was unanimously decided to propose to the General Assembly the distribution of a gross amount of 50,000,000 TL as dividends.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

South Korea's crude steel production decreased by 18.3% in October

Friday, November 22, 2024

SSAB and Saint-Gobain's slag reprocessing plant in Raahe progresses

Friday, November 22, 2024

US Steel Producer partners with Primetals Technologies for EAF Ultimate

Friday, November 22, 2024

Imported scrap prices on the decline, demand stagnant!

Friday, November 22, 2024

Roadmap for India’s steel sector: Demand, imports and future plans

Friday, November 22, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now