IDI: 10% increase in ordinary dividend for 2023

(CercleFinance.com) - Investment company IDI has announced that a dividend of five euros per share will be proposed at its AGM on May 14, including an ordinary dividend of 2.
75 euros, up 10%, and an extraordinary dividend of 2.25 euros.

The dividend will be paid on May 22 (ex-dividend date May 20). The proposed ordinary dividend represents close to 3% of NAV, in line with targets, and offers a yield of 4.57% compared with the average share price in 2023.

At December 31, 2023, NAV per share stood at ?96.86, up 11.4% on "a very good year in 2023, with good results and a strong business momentum, with 21 transactions completed".

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