Bank of Valletta has announced an interim dividend of €35 million for the first half of the year 2024, equivalent to a gross dividend of €53.8m. This amounts to a dividend of €0.0924 gross per share (€0.06 net of tax).

The dividend is planned to be paid on 27th of November to those members appearing on the Bank’s Register of Members.

The dividend payout announced by the Bank follows the positive financial performance reported by the BOV Group during the first six months of 2024, for which the Group reported a profit before tax of €148.2 million, representing an increase of 40.9% over the same period in 2023.

BOV Chairman Dr Gordon Cordina said, “the dividend we are proposing today is the result of our efforts to safeguard the best interests of our shareholders and wider stakeholders, and it is with pride that I can announce a dividend that is a just reward to our shareholders for the renewed trust they keep placing in this Bank.”

Echoing the Chairman’s comments, Bank of Valletta CEO Kenneth Farrugia stated, “This announcement is proof of the Bank’s commitment to continue strengthening its position as a leading financial institution in Malta.”

Photo: BOV

Permalink: BOV announces interim dividend of €0.0924 gross per share