At the share price before the announcement, this would imply a DY of 2.3%. The ex-date is set for 3 May 2024, while the payment date is set for 15 May 2024.

Yesterday, Arena Hospitality Group held its General Meeting of Shareholders, during which the proposal for the distribution of profit in the form of dividends has been approved. As such, EUR 0.75 DPS has been approved, which will be paid out from the retained earnings of the Company. At the share price before the announcement, this would imply a DY of 2.3%.

The ex-date is set for 3 May 2024, while the payment date is set for 15 May 2024. Below we provide you with the historical dividend per share and dividend yield of the Company.

Arena Hospitality Group dividend per share (EUR) and dividend yield (%) (2019 – 2024)

Source: Arena Hospitality Group, InterCapital Research