Kernel approved USD 20.5 mln dividend payment in FY2019

Kernel approved a dividend payment of USD 0.25 per share in FY2019, the WSE reports.

"Kernel Holding S.A. informs that its annual general meeting of shareholders held on 10 December 2019 approved a dividend of USD 0.25 per share. The general meeting delegated to the Board of Directors to set up record and payment dates to distribute the dividends," the report reads.

The total amount of dividend payment stands at $29.75 mln. The FY2019 dividend value equals the previous year's.

Earlier it was reported that Kernel processing facility, Prydniprovsk Oil Crushing Plant, acquired oilseed crushing plant of Ellada, Creative Group subsidiary, for USD 21 mln.