Eleving Group Announces New Dividend Policy

On July 30, 2024, Eleving Group’s Director and Supervisory Board approved a new dividend policy aimed at paying semi-annual dividends with a payout ratio of 30-50%. Shareholders can expect dividends twice a year, calculated on unaudited six-month financials and audited annual statements.

The dividend payout ratio will depend on the post-dividend equity ratio, requiring it to be above 25% for a 50% payout. CEO Modestas Sudnius commented that the policy aims to reward shareholder trust and aligns with the Group’s long-term strategy and financial covenants.

Eleving Group operates in 16 markets across three continents, providing secured vehicle loans and unsecured consumer finance products. The group has issued over EUR 1.8 billion in loans and serves 660,000 customers globally.