One United Properties proposes dividends of 15.2 million euro for financial year 2021
One United Properties proposes to pay a total gross dividend of 15.2 million euro for 2021. The first tranche of gross dividends of 6.6 million euro was approved in the General Meeting of Shareholders in September 2021 and paid in October 2021. The Board of Directors proposed to the shareholders the approval of the second tranche in the amount of 8.6 million euro.
If approved in the annual GMS, the gross dividend of 0.0033 euro (0.0165 lei) per share will be paid on May 30, 2022. One United Properties’ dividend policy includes the payment of dividends on a semi-annual basis.
“One United Properties thrived last year due to the boost we got from our IPO. The exceptional performance of our team is a confirmation to all our stakeholders that we are determined to maintain the leading position in the market for premium residential and mixed-use developments and keep delivering consistent returns to our shareholders. Despite the continuous investments in our development, we continue to maintain an excellent cash position and therefore, in line with our dividend policy, the Board of Directors is proposing to the annual General Meeting of Shareholders a distribution of the second tranche of the 2021 dividend, amounting to 8.6 million euro,” said Victor Capitanu, co-CEO at One United Properties.