# TBC Bank Group declares final dividend of GEL 4.67 per share

- Link: https://www.directorstalkinterviews.com/tbc-bank-group-declares-final-dividend-of-gel-4.67-per-share/4121142682
- Published: 2024-02-16T07:52:08+00:00
- Author: Amilia Stone

**TBC Bank Group plc **(LON:TBCG), subject to shareholders’ approval, is recommending
a final dividend for the year 2023 of GEL 4.67 per TBC PLC share. If approved, the
Final Dividend will be paid on 19 July 2024 to shareholders who are on the register
of members at 6:00 PM (BST) on the record date of 14 June 2024, in accordance with
the following timetable:  

**Ex-dividend Date:** 13 June 2024

**Record Date:** 14 June 2024

**Currency Conversion Date:** 21 June 2024

**Payment Date:** 19 July 2024

The Georgian Lari to Pound Sterling exchange rate that will apply to the final dividend
payments on the conversion date of 21 June 2024 will be the average exchange rate
of the National Bank of Georgia for the period of 17 June 2024 to and including 
of 21 June 2024 (5 days average).

The Final Dividend, together with the interim dividend of GEL 2.55 per TBC Bank 
Group PLC share paid on 13 October 2023, will equate to a total dividend in respect
of the year ended 31 December 2023 of GEL 7.22 per share, up by 32% year-on-year,
bringing total distribution as a share of net income to 35% for 2023.

Share on: