At the share price before the announcement, this would amount to a DY of 5%. The ex-date is set for 20 June 2025.

NLB’s Supervisory and Management Board proposed the distribution of profit to the General Shareholders Meeting, which will be held on 16 June 2024. According to the press release, NLB proposed EUR 128m as the dividend payment, which on a per-share basis, would imply EUR 6.43 DPS. This represents a 50% payout ratio from the 2024 net profit, an increase of 17%. At the share price before the announcement, this would mean that the DY amounted to 5%.

As a reminder, NLB already communicated that they will pay their 2024 net profit in 2 tranches, both, of course, to be approved at the 2 General Shareholders Meetings (the first one being the one mentioned above, while the 2nd will be held in Autumn 2025). As such, the EUR 128m (6.43 DPS) dividend proposal is only the first of such tranches. In total, NLB is set to pay EUR 12.86 DPS in 2025, totaling EUR 257m.

The ex-date is set for 20 June 2025, while the payment date is set for 24 June 2025.

Below, we provide you with the historical dividends per share and dividend yields of the Company.

NLB dividends per share (EUR) and dividend yields (%) (2019 – 2024)

Source: NLB, InterCapital Research