Kinepolis Group NV Proposes Dividend for the Financial Year 2019, payable on 19 May 2020
February 20, 2020 at 08:13 am EST
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Kinepolis Group NV announced that the Board of Directors will propose to the General Meeting of 13 May 2020 the payment of a gross dividend of 1.0 per share for the 2019 financial year. This represents an increase of 8.7% as compared with 2018 (0.92 per share). The dividend will be made available from 19 May 2020 (ex-date: 15 May 2020; record date: 18 May 2020).
Kinepolis Group NV specializes in operating multiplex movie theaters. The activity is organized around 3 areas:
- operation of cinema multiplexes: sale of tickets, confectionery, and beverages, sale of advertising space, event organization, etc. At the end of 2023, the group has a network of 109 cinemas in Belgium (11), Canada (36), the Netherlands (19), France (18), the United States (10), Spain (10), Luxembourg (3), in Switzerland and Poland;
- leasing of commercial spaces: restaurants, outlets, etc.;
- other: cinematographic distribution and production, and technical services (primarily technical assistance and projector maintenance; Decatron).