OPAP proposes dividend of 0.40€ per share
The board of OPAP, Greece’s biggest lottery and sports betting pools provider, on Wednesday said it will propose a 0.40-euro dividend payment to shareholders at an upcoming general assembly.
With a 0.17-euro dividend already approved and disbursed, if passed, stockholders will now receive 0.23 euros per share.
EBITDA increased by 8.8 percent to 377.1 million euros.
Net profits reached 210.7 million euros, an increase of 8.1 percent. Nevertheless, net profits for Q4 decreased by 32.1 percent, or 51.7 million euros, primarily due to the payment of a 15-million-euro licensing fee for the lottery concession.
Meanwhile, the Council of State will hear a petition by OPAP against a decision to slap a further tax per gaming columns on pools offered by OPAP.
You may be interested
Mystery titanium ball found in Bahamas from spacePanos - Mar 01, 2021
A heavy titanium ball, believed to have been a part of a Russian spacecraft, has been discovered on a beach…
Greek government spokesperson resignsPanos - Mar 01, 2021
The Greek government spokesperson, Christos Tarantilis submitted his resignation in a letter to the Prime Minister, Kyriakos Mitsotakis on Sunday.…
Video shows Turkish President Erdogan supported as he walks down stairsPanos - Mar 01, 2021
A video showing Turkish President Erdogan Turkey being supported as he tries to walk down a flight of steps with…