MOWI Mowi ASA

Mowi ASA (OSE: MOWI): Quarterly dividend

Mowi ASA (OSE: MOWI): Quarterly dividend

The Board of Mowi ASA has resolved on 13 February 2024 to make a quarterly distribution to shareholders of NOK 1.90 per share.

Mowi ASA’s shares listed on the Oslo Stock Exchange will be traded including dividend up to and including 22 February 2024. Mowi ASA’s shares listed on the Oslo Stock Exchange will be traded excluding dividend from and including 23 February 2024. Mowi ASA’s shares listed on the Oslo Stock Exchange will have a Record Date of 26 February 2024. The expected payment date is 4 March 2024.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.



EN
14/02/2024

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Reports on Mowi ASA

 PRESS RELEASE

Mowi ASA: Ex-dividend NOK 1.50 today

Mowi ASA: Ex-dividend NOK 1.50 today The shares in Mowi ASA will be traded ex-dividend of NOK 1.50 as from today 16 May 2024. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

 PRESS RELEASE

Mowi ASA: Eks. utbytte NOK 1,50 i dag

Mowi ASA: Eks. utbytte NOK 1,50 i dag Aksjene i Mowi ASA noteres eks. utbytte på NOK 1,50 fra og med i dag 16. mai 2024. Denne opplysningen er informasjonspliktig etter verdipapirhandelloven §5-12.

Alexander Aukner
  • Alexander Aukner

Mowi (Buy, TP: NOK235.00) - Operational recovery under way

Q1 operating EBIT was EUR201m and Mowi proposed a DPS of NOK1.5. The Norwegian operations have suffered due to a high share of downgraded fish; however, with new vaccines, increased filleting capacity and better preparedness for jellyfish, we find a brighter outlook. Also, feed input costs have started to turn for the better, and Mowi expects lower costs in H2. We have increased our 2024–2026e EPS by 5.6–2.7%, and reiterate our BUY and NOK235 target price.

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