Dividend

The Athens Stock Exchange returned to an upward “channel” and coordinated with the recovery effort of foreign stock markets, ending the three-day downward streak that preceded it.

The shareholders of Attiki Odos (Ellaktor 65.7% and Avax 34.2%) collected dividends totaling 516 million euros in the period from 2019 to the year 2023.

Investors in the Greek stock market were content with selective moves today (10/7), correcting measuredly after a five-day rally that had yielded gains of +3.14%. The General Index was again below 1,450 points, but did not move far enough away from this psychological threshold.

The chief executive officer of Helleniq Energy, Andreas Shiamishis, referred on Thursday to the imposition of an extraordinary levy on the refineries' excessive profits, saying that its amount is not yet known and that it will not affect the dividend of 2023 but of 2024 and 2025.

Greek energy company Energean on Thursday announced an agreement to sell its portfolio in Egypt, Italy and Croatia to Carlyle International Energy Partners for a price of up to $945 million (880 million euros) and not less than $820 million (€763 million).

Energean announced an agreement to sell its portfolio in Egypt, Italy and Croatia to Carlyle International Energy Partners for a price of up to 945 million dollars and not less than 820 million dollars.

The price according to Energean is more than three times the cost of acquiring the specific assets from Edison which was 284 million dollars in 2020.

Prime Minister Kyriakos Mitsotakis stressed on Thursday that "tourism development should be sustainable, resilient, fair and participatory" and that "the dividend of growth should be distributed as fairly as possible throughout the country."

The VivaWallet group showed operating losses of 31.7 million euros for 2023, extending the negative results from 2022, according to the financial statements published.

The board of directors will recommend to the general meeting of shareholders that no dividend be distributed for last year.

Aegean Airlines will distribute a dividend for the first time after four years for fiscal 2023, it said this week. 

Chairman Eftychis Vassilakis said after the annual general assembly on Tuesday that Aegean, Greece's main carrier, had met all its obligations, direct or in loans, to the state (such as warrants).

Last year proved to be a record one for the profitability of Greek listed companies, as well as a 16-year record for dividends to be distributed, a difficult challenge that was met, setting the bar very high for this year.