Zegna Group Approves Dividend, Reports Solid Earnings

Ermenegildo Zegna (ZGN) has released an update.

Ermenegildo Zegna Group announced that its annual general meeting approved all resolutions, including a dividend payout of EUR 0.12 per share, totaling about EUR 30 million. Shareholders will receive the dividend in USD on July 30, 2024, with key dates and exchange rate details to be posted on the company’s website. The luxury fashion company, known for its high-end menswear and unique production capabilities, reported 2023 revenues of €1.9 billion.

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