LHV Group is set to distribute a dividend of 17 euros cents per share following its upcoming shareholders' meeting where significant changes to the board will also be decided, including the appointment of Erki Kilu as the new CEO.
Estonia's LHV Group is preparing for its shareholders' meeting on March 25, during which they will propose a dividend payment of 17 cents per share from the company's significant profit of €114.3 million for the 2025 financial year. This payment is scheduled for April 15, with the ex-dividend date set for April 9, allowing investors to confirm their eligibility for the dividend by this date.
In addition to the dividend announcement, the meeting will also address critical changes within the LHV Group board, including voting on the dismissal of current board members Raivo Heina and Tiina Mõisa. This restructuring comes in light of a transition in leadership, with Erki Kilu, the former CEO of LHV's United Kingdom operations, taking over from Kadri Kiisel as the new head of the bank starting April 1.
These decisions underscore LHV Group's strategic direction as it continues to bolster its financial foundation and governance. The proposed dividend reflects the bank's robust profitability and commitment to returning value to shareholders, while the leadership changes aim to drive further growth and adapt to evolving market conditions.
