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Provider: Reuters Investment Profile
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$125.00
Provider: GlobalData
$125.00
Provider: GlobalData
$125.00

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Olainfarm AS Announces FY 2012 Dividend Proposal; Announces Plan to Increase Number of Pharmacies in Latvia from 45 to 50


Thursday, 7 Mar 2013 03:02am EST 

Olainfarm AS announced that its Board intends to increase the dividend pay-out ratio by 2.5% points every year in coming years, if possible. The Board intends to propose such approach to shareholders until the pay-out ratio reaches 25%. Taking into account the non-audited financial results of 2012, the dividends for the year 2012 could reach LVL 0.10 (EUR 0.14) per share. Olainfarm AS also announced that it still plans to increase the number of its pharmacies in Latvia from 45 to 50. 

Company Quote

5.71
0.13 +2.33%
23 Dec 2014