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Find out the listed Cyprus companies paying dividend to their shareholders in 2016
According to official data, 11 out of the 65 listed Cyprus Stock Exchange companies paid dividend to their shareholders in 2016. In fact, only 4 of those companies pay regular dividends to their shareholders since 2010.
The dividend-paying companies for 2016 are the following: Petrolina Holdings (€0.076 per share), Vassilico Cement Works (€0.160 per share), Atlantic Insurance (€0.085 per share), Logicom (€0.050 per share), Stademos Hotels (€0.030 per share), Apollo Investment Fund (€0.040 per share), Salamis Tours (€0.015 per share), KEO (€0.253 per share), Alkis H. Hadjikyriacos (Frou-Frou) (€0.010 per share), Lordos Hotels (€0.010 per share) and Blue Island (€0.024 per share). Out of these companies, Petrolina Holdings, Logicom and Atlantic Insurance maintain the most stable dividend policy over the years with dividend returns amounting to 7.9%, 6.1%, and 7.39% respectively.
Apart from dividend return, shares of most of these companies also experienced an appreciation on their share prices for 2016. In fact, 9 out of the 11 companies experienced positive returns for 2016.
If you wish to find out more about these companies or for any other question you may have please do not hesitate to contact our Head of Brokerage Services,
Pavlos Philippides or give us a call at +35722873760. One Plus Capital Ltd (License no. 111/10) is an official trading member of the Cyprus Stock Exchange offering Direct Market Access (DMA) to its clients.
Source: Stockwatch