Kernel to pay $35 million in dividends in 2020
14 December 2020
Kernel, a Ukraine-based agroholding operating 530,000 hectares of farmland, is going to pay $35 million in dividends to its shareholders in FY 2020 ($0.42 per share), a 68%-increase as compared to FY 2019 ($0.25 per share). Currently, the total amount of Kernel’s authorized shares is 84.03 million.
In FY 2020, Kernel generated net profit of $123 million, a 31%-decrease as compared to FY 2019.