Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
The latest announcement is out from Afarak Group Plc ( (GB:AFRK) ).
Afarak Group Plc has announced its new dividend policy, which aims to ensure an attractive and consistent return on invested capital for shareholders. The policy involves distributing profits that exceed the company’s operational and developmental needs, with a target dividend ratio of at least 10% of the annual EBITDA. This decision is linked to a forthcoming extraordinary general meeting intended to approve capital structure adjustments, thereby allowing more flexible use of company resources.
More about Afarak Group Plc
Afarak Group Plc is a manufacturer specializing in alloys, with operations in specialty alloys in Southern Europe and ferroalloys in South Africa. The company is listed on both NASDAQ Helsinki and the London Stock Exchange.
YTD Price Performance: 0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £54.96M
For an in-depth examination of AFRK stock, go to TipRanks’ Stock Analysis page.
