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First Capital Approves Extraordinary Dividend Distribution

Story Highlights
  • First Capital S.p.A. specializes in Private Investments in Public Equity and Private Equity.
  • Shareholders approved a 6.1 million euro extraordinary dividend, boosting investor returns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
First Capital Approves Extraordinary Dividend Distribution

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The latest update is out from First Capital S.p.A. ( (IT:FIC) ).

First Capital S.p.A. announced that its Shareholders’ Meeting approved an extraordinary dividend distribution of approximately 6.1 million euros, with a dividend yield exceeding 9%. This decision reflects First Capital’s strategy of leveraging profits from previous years to provide substantial returns to its shareholders, potentially enhancing its attractiveness to investors and reinforcing its position in the financial investment sector.

The most recent analyst rating on (IT:FIC) stock is a Buy with a EUR30.40 price target. To see the full list of analyst forecasts on First Capital S.p.A. stock, see the IT:FIC Stock Forecast page.

More about First Capital S.p.A.

First Capital S.p.A. is a financial holding company listed on Euronext Growth Milan, specializing in Private Investments in Public Equity and Private Equity investments. The company focuses on small and medium-sized enterprises, particularly those in the pre-IPO phase or interested in future listings. First Capital aims to identify market leaders with sustainable development plans and engages actively in managing its holdings to enhance long-term value.

Average Trading Volume: 2,781

Technical Sentiment Signal: Buy

Current Market Cap: €66.62M

Learn more about FIC stock on TipRanks’ Stock Analysis page.

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