At the share price before the announcement, this would imply a DY of 3.1%. The ex-date is set for 16 June 2024, while the payment date is set for 18 June 2024.

Yesterday, Equinox published its GSM resolutions following the meeting. Inside the resolutions, we can see that the Company’s GSM approved the distribution of 2023 profit in the form of dividends. As a reminder, Equinox proposed a gross dividend of EUR 1.69 DPS, which at the share price before the announcement, would imply a DY of 3.1%.

The dividend represents an increase of 18.6% compared to the dividend payment last year. The ex-date is set for 16 June 2024, while the payment date is set for 18 June 2024. Below we provide you with the historical overview of the Company’s dividend per share and dividend yields.

Equinox dividend per share (EUR) and dividend yield (%) (2023 – 2024)

Source: Equinox, InterCapital Research