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Klabin (KLBN11) announces dividend.  Check details:

Klabin (KLBN11) announces dividend. Check details:

Posted at 8:34 AM

The Board of Directors of KLBN11 has approved the payment of dividends. The information was published on Thursday 25th.

The distribution value is 330 million Brazilian riyals. The corresponding value of the common and preferred shares is R$0.05970763088. The corresponding value in units is R$0.29853815440/unit.

Anyone who owns shares at the close of trading on May 3, 2024 (the primary date) will be entitled to receive a dividend. The shares and units will trade “ex-dividend” as of May 6, 2024. The dividend will be paid on May 16, 2024.

Kalbin also released its first quarter results today. The company achieved a net profit of R$460 million in the first quarter of 2023 (1Q24). This value corresponds to a decrease of 64% compared to the first quarter of 2023. Adjusted EBITDA totaled R$1.65 billion, a decrease of 15% compared to the first quarter of 2023.

Check the details in the table below:

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