Grand Harbour plc on Wednesday announced that the Board of Directors have resolved to distribute a gross dividend of €390,000 to shareholders.
The announcement that the Board of Directors would be considering a dividend distribution was made earlier this month.
The dividend, equivalent to €0.0195 gross per ordinary share, will be paid on 15th July 2024.
Ordinary shareholders who are on the company’s register of members as maintained at the Central Securities Depository at the Malta Stock Exchange as at the close of business on 8th July 2024 will receive the dividend.
Grand Harbour Marina plc is engaged in the acquisition, development, and management of marinas. It currently operates the Grand Harbour Marina in Malta and also has 45 per cent interest in IC Cesme Marina in Turkey.
The marinas are operated and managed in association with Camper & Nicholsons Marinas Limited, a company largely involved in the management and operation of marinas worldwide.
During 2023, Grand Harbour Marina plc recorded €4.3 million in revenue, an improved performance from that of 2022 (€3.9 million). Direct costs (€934,000) and administrative expenses (€1.5 million) were also on the rise, with pre-tax profit for 2023 totalling €3.4 million (2022: €1.8 million).
Written By
Fabrizio Tabone
Fabrizio has a passion for the economy and technology, especially when it comes to innovation. Aside from this, he also has a passion for football and movies, and so you will often find him either with a ball to his feet or at the cinema checking out the latest releases.
