Casta Diva Group Announces Innovative Dividend Strategy

Casta Diva Group S.p.A. (IT:CDG) has released an update.

Casta Diva Group has announced a dividend distribution consisting of cash and shares, with a total yield of approximately 3% to be paid in November 2024. This decision aligns with their strategic plan and reflects a solid performance in 2023, allowing the company to distribute €800,000 as part of a planned three-year dividend payout. Shareholders will benefit from a tax-free dividend derived from capital reserves.

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