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Provider: Reuters Investment Profile

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Kitron ASA Proposes FY 2012 Dividend of NOK 0.10 per Share; Lowers FY 2013 Revenue Guidance-COMPLETE STORY

Thursday, 21 Mar 2013 03:31am EDT 

Kitron ASA announced that for the year ended December 31, 2012 a dividend of NOK 0.10 per share is to be proposed at the annual general meeting on April 22, 2013. Provided that the Annual General Meeting adopts the proposal, the dividends will be distributed to the shareholders of record as of the date of the Annual General and the shares will be traded ex-dividend as from April 23, 2013. The dividend will be paid on or about May 3, 2013. For fiscal year 2011, the Company paid a dividend of NOK 0.05 per share. The Company also announced that the global market outlook has weakened for fiscal year 2013 compared to earlier outlook particularly due to the financial crisis in Europe and the United States. As a result the Company has reduced its revenue outlook for fiscal year 2013 and believes in a slightly lower revenue compared to fiscal year 2012. The Company reported fiscal year 2012 revenue of NOK 1,695,026,000. 

Company Quote

-0.05 -2.56%
24 Jul 2014