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Mondi Group Proposes Final Dividend for 2024

Story Highlights
  • Mondi is a global leader in sustainable packaging and paper solutions.
  • Mondi announces a proposed final dividend, payable in May 2025, with currency and tax specifics for UK and South African shareholders.
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Mondi Group Proposes Final Dividend for 2024

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Mondi plc ( (GB:MNDI) ) just unveiled an announcement.

Mondi Group has announced a proposed final dividend of 46.67 euro cents per ordinary share for the year ending December 31, 2024, pending shareholder approval at the upcoming annual general meeting. The dividend, payable on May 16, 2025, will be distributed in euro, with UK shareholders receiving it in sterling and South African shareholders in rand cents, subject to currency conversion and tax considerations. This announcement reflects Mondi’s commitment to returning value to shareholders while navigating the complexities of international tax and currency exchange considerations.

More about Mondi plc

Mondi is a global leader in the packaging and paper industry, known for producing sustainable products by design. The company operates in more than 30 countries with 22,000 employees, providing innovative solutions for consumer and industrial applications. Mondi emphasizes sustainability with ambitious 2030 commitments focused on circular solutions and climate action. In 2024, the company reported revenues of €7.4 billion and an underlying EBITDA of €1.0 billion. Mondi is listed on the London Stock Exchange and is a constituent of the FTSE100, with a secondary listing on the JSE Limited.

YTD Price Performance: 6.92%

Average Trading Volume: 1,253,182

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £5.67B

For a thorough assessment of MNDI stock, go to TipRanks’ Stock Analysis page.

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