INVL Baltic Farmland Announces Significant Dividend for 2024

Author: Dylan Bailey Updated: 04-14-2025 02:45 AM

INVL Baltic Farmland Declares Dividend Allocation for 2024

The Annual General Shareholders Meeting, held by INVL Baltic Farmland, announced an allocation for dividends amounting to EUR 0.12 per share for the upcoming year. This decision translates to an attractive total of EUR 387,000 in dividends slated for distribution to shareholders.

Dividend Payment Policy Overview

The Board of INVL Baltic Farmland has highlighted that their established Dividend Payment Policy, which aims for a minimum dividend of EUR 0.10 per share, was ratified in a previous meeting back in 2018. This year, due to encouraging operating results, the company has opted to exceed the initial target.

Eligibility and Important Dates

According to the company's announcement, the dividend payments will commence within one month from the date of the Annual General Shareholders Meeting. To be eligible for this dividend, shareholders must hold their shares through the end of a specified date following the meeting; this ensures that all rightful shareholders can partake in the dividends for the designated fiscal year.

Ex-Dividend Date and Purchase Implications

The ex-date, which is crucial for tracking entitlement to dividends, has been set for a specific date. New holders of INVL Baltic Farmland shares acquired after this date will not have a right to the dividends for the year, creating important considerations for potential investors.

Financial Performance Highlights

In addition to the dividend announcement, INVL Baltic Farmland's financial performance reflects a strong net profit of EUR 1.836 million alongside consolidated revenues totaling EUR 835,000 for 2024. The company's investment strategy has successfully increased its land holdings’ value by 9.5%, culminating in a total asset value of EUR 22.736 million.

Comprehensive Board Changes

During the recent shareholders' gathering, it also became evident that a new term was approved for the Audit Committee members. These essential appointments aim to ensure stringent oversight and effective governance within the company.

Share Buyback Program Approval

To further enhance shareholder value, members have given their consent for the company to utilize a designated reserve for the potential repurchase of its own shares. This strategic move, capped at a nominal value of 10% of its share capital, underscores a proactive approach to optimizing equity and market performance.

About INVL Baltic Farmland

INVL Baltic Farmland specializes in investing in agricultural lands, facilitating rental agreements with local farmers and agricultural enterprises. The company’s commitment to enhancing its land portfolio and delivering dividends showcases its robust business strategy aligned with shareholder interests.

Contact Information

For more details or inquiries, shareholders can reach out to Director Egle Surpliene at the provided email address: egle.surpliene@invaldainvl.com

Frequently Asked Questions

What is the dividend per share announced for 2024?

The announced dividend per share for INVL Baltic Farmland in 2024 is EUR 0.12.

When will the dividend be paid?

The dividend payment procedure will be published within one month following the General Shareholders Meeting.

What are the company's financial highlights for 2024?

INVL Baltic Farmland reported a net profit of EUR 1.836 million and a consolidated revenue of EUR 835,000 for 2024.

What is the ex-date for the dividend?

The ex-date for the dividend, when new shareholders will not be eligible for the dividend, is set for 28 April 2025.

Who can I contact for more information?

For additional details, you can contact Director Egle Surpliene via email.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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