At the share price before the announcement, this would imply a DY of 4.4%. the ex-date is set for 2 May 2024, while the payment date is set for 23 May 2024.

On Friday, Valamar Riviera’s Subsidiary Imperial Riviera held its General Meeting of Shareholders. After the meeting, the resolutions were published, and according to them, the distribution of profit in the form of dividends was approved. In total, EUR 10.5m will be paid out in the form of dividends from the retained earnings of the year 2023. On a per share basis, this would imply a dividend of EUR 4.63.

At the share price before the announcement, the dividend yield amounts to 4.4%. The ex-date is set for 2 May 2024, while the payment date is set for 23 May 2024. Below we provide you with the historical dividends per share and dividend yields of the Company.

Imperial Riviera dividend per share (EUR) and dividend yield (%) (2020 – 2024)

Source: Imperial Riviera, InterCapital Research