It was decided at the Extraordinary Meeting of Shareholders on December 11 that Latvian fintech company DelfinGroup will pay out 953 thousand euros or 0.0210 euros per share in dividends for the third quarter of 2024. The shareholders of the company will have received a total of 3.7 million euros in dividends in 2024.  

The ex-dividend date for the second quarter dividend has been set as December 24, 2024. The dividend will be paid on December 30, 2024.  

"The regular quarterly dividend policy that we adhere to contributes to the confidence of more than 9000 shareholders in the company. We offer a high dividend yield, and to justify the trust of our shareholders, we are constantly looking for new areas of development and ways to strengthen our market position. For example, at the end of November, we also launched consumer lending in Lithuania. The Meeting of Shareholders also approved the auditor of the group. KPMG Baltics SIA has been elected as the auditor for the next three years," says Didzis Ādmīdiņš, Chairman of the Management Board of DelfinGroup.  

D. Ādmīdiņš adds that based on the share price on December 1 and including the dividend scheduled for December 30, the dividend yield for the last 12 months remains at a high level – above 7%. The shareholders of the company will have received 3.7 million euros in dividends in 2024, or 0.0821 euros per share. In total, 16 dividend payments will have been made since the IPO of the company in 2021. 

The stability of DelfinGroup is demonstrated by its performance, with growth in all business segments in the third quarter of this year. In the third quarter of this year, the revenue of DelfinGroup increased by 25% compared to the same period last year, reaching 16.5 million euros. Meanwhile, profit before tax increased by 11% to 2.4 million euros, but the loan portfolio of the company reached 107.7 million euros.  

About DelfinGroup  

AS DelfinGroup is a licenced fintech company established in 2009 and operates under the brand names Banknote and VIZIA. The company has been profitable every year since 2010. DelfinGroup continuously develops and offers consumer and pawn loans, loans developed for senior citizens, Buy now pay later loans (BNPL loans), and the sale of pre-owned goods online and at more than 90 branches across Latvia and Lithuania. Since 2014, DelfinGroup has been known on the Nasdaq Riga Stock Exchange as a bond issuer and, since 2021, as a listed company on the Baltic Main List. The company regularly pays dividends to its shareholders. The sustainability of DelfinGroup is based on focused corporate governance, fintech innovation, responsible lending, financial inclusion, and facilitating the circular economy. 

For further information, please contact: 

Linda Eltermane, 

DelfinGroup Head of Communications 

Phone: +371 28700457 

E-mail: [email protected]