Has the dividend distribution date for Ford Otosan (FROTO) been announced? When will FROTO pay dividends in 2024?

This week (November 18 – 22), three companies traded on Borsa Istanbul will make dividend payments. The companies announced their dividend payment dates via the Public Disclosure Platform (KAP) following their general assembly meetings.

Ford Otosan (FROTO) has announced that it will distribute dividends before the end of November. This surprise decision indicates that the company will distribute its profit share earlier than expected.

HOW MUCH IS THE FORD OTOSAN DIVIDEND PAYMENT?

Ford Otomotiv Sanayi A.Ş. (FROTO) will make a cash dividend payment of 14.25 TL gross and 12.825 TL net per share on Friday, November 22, 2024.

WHEN IS THE FORD OTOSAN DIVIDEND PAYMENT

Since dividends are transferred to accounts in cash on a T+2 basis, the cash balances will become available for use on Tuesday, November 26, 2024.

To be eligible to receive the dividend, it will be sufficient to own the stock at the close of the session on November 21. FROTO's dividend yield will be finalized along with the closing price of the November 21 session.