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Magnora ASA Declares Consistent Quarterly Dividend

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Magnora ASA Declares Consistent Quarterly Dividend

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Magnora ASA ( (SVMRF) ) has shared an update.

Magnora ASA’s Board of Directors has approved a regular quarterly dividend of NOK 0.187 per share, maintaining the same level as previous quarters. This decision reflects the company’s financial strategy of returning excess capital to shareholders while maintaining sufficient reserves for growth opportunities.

The most recent analyst rating on (SVMRF) stock is a Buy with a NOK35.00 price target. To see the full list of analyst forecasts on Magnora ASA stock, see the SVMRF Stock Forecast page.

More about Magnora ASA

Magnora ASA is a renewable-energy group that develops wind, solar, and battery storage projects. It operates in Europe and Africa through various portfolio companies, including Hafslund Magnora Sol AS, Magnora Offshore Wind AS, and others. Magnora is listed on the Oslo Stock Exchange under the ticker MGN.

Average Trading Volume: 182,049

Current Market Cap: NOK1.59B

For detailed information about SVMRF stock, go to TipRanks’ Stock Analysis page.

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