Kervan Gida to Pay TRY 32.6 Million Cash Dividend from Retained Earnings

An announcement from Kervan Gida Sanayi ve Ticaret AS ( (TR:KRVGD) ) is now available. Kervan Gida's board has resolved to distribute a gross cash dividend of TRY 32.6 million for the 2025 fiscal period, funding the payout entirely from retained earnings rather than current-year profit. The proposed advance dividend, equal to TRY 0.0150891 gross per share and about 1.51% of nominal value for both A and B share groups, will be submitted to the upcoming general assembly for approval. No stock dividend will be issued, and the total planned net cash distribution to shareholders amounts to roughly TRY 27.7 million after withholding tax. The move comes despite a negative profit figure under Capital Markets Board calculations, signaling management's commitment to shareholder returns and its confidence in the company's cash position and accumulated reserves. More about Kervan Gida Sanayi ve Ticaret AS Kervan Gida Sanayi ve Ticaret A.S. operates in the confectionery and food manufacturing industry, producing a range of candy and related products for domestic and international markets. The company focuses on branded packaged sweets and targets both retail consumers and organized retail chains, positioning itself as a notable player in Turkey's fast-moving consumer goods sector. Average Trading Volume: 7,926,850 Technical Sentiment Signal: Sell Current Market Cap: 4.79B TRY For a thorough assessment of KRVGD stock, go to TipRanks' Stock Analysis page. This story was written using TipRanks's AI tools and reviewed by a TipRanks editor. Disclaimer & DisclosureReport an Issue