Belgrade Airport to Pay an Extraordinarily High Dividend

The gross amount of the dividend of EUR 14.5 per share will be fully delivered to shareholders, while it is expected that the shareholders will also receive the dividend from last year’s profit.

According to the media, the shareholders of the Belgrade Airport will receive dividends from the paid concession fee after the adoption of the audited financial statements. The company will pay extraordinarily high dividend as they received EUR 501m in December last year of the initial concession fee.

The gross amount of the dividend of EUR 14.5 per share will be fully delivered to shareholders, while it is expected that the shareholders will also receive the dividend from last year’s profit.

As a reminder, Vinci took over Belgrade Airport in December 2018. They were granted a 25-year concession during which the company will both manage and develop the Belgrade airport.  The total value of the concession amounts to EUR 1.2bn and consists out of a one-time payment of EUR 501m, yearly payments between EUR 4.3m and EUR 16m and an investment worth EUR 732m into the airport’s facilities.

InterCapital
Published
Category : Flash News

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