Breaking news

Keo Plc To Award €1.69 Million Dividend From 2024 Earnings

by THEFUTURE.TEAM

June 16, 2026

Cypriot beverage leader Keo Plc has set the stage for shareholder returns with its latest proposal for a dividend payment, as confirmed by the board of directors. In a decisive meeting, the board recommended a total distribution of €1,687,276.92, equating to 4 cents per fully paid share.

Dividend Proposal Details

The proposed payout is drawn from the profits of the fiscal year 2024, currently held in the company’s retained earnings. This strategic allocation underscores Keo Plc’s commitment to rewarding investors while reinforcing its financial discipline and growth trajectory.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Shareholder Timeline And Payment Schedule

The proposal will be submitted for ratification at the annual general meeting scheduled for July 8, 2026. Investors must note that shareholders registered in the Cyprus Stock Exchange records as of July 20, 2026, will be recognized as eligible. The ex-dividend date is defined as July 17, 2026, which means that shares trading on or after this date will no longer carry the right to the dividend.

Furthermore, those acquiring shares by the end of the cum date on July 16, 2026, as well as investors engaging in off-floor transfers completed by the record date, will be entitled to receive the dividend. The distribution is set to be disbursed by August 17, 2026.

Conclusion

Keo Plc’s move not only reflects its robust financial health but also aligns with its long-term strategic vision to enhance shareholder value. As the company gears up for its upcoming AGM, investors and market observers alike will be keenly watching to see how this dividend proposal integrates into the broader corporate strategy.

The Future Forbes Realty Global Properties

Cyprus Employment Rises 1.7% To 525,167 In Q2 2026

by THEFUTURE.TEAM

September 7, 2026

Cyprus employment increased 1.7% year over year to an estimated 525,167 people in the second quarter of 2026, according to the state statistical service, Cystat. Employees accounted for 472,254 of the total, while 52,913 were self-employed. The increase points to continued labor market growth across both wage employment and independent work.

Trade, Construction And Leisure Lead Employment Growth

Wholesale and retail trade, including motor vehicle and motorcycle repair, recorded some of the strongest employment gains, alongside construction and arts, entertainment and recreation.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Those sectors are closely linked to domestic economic activity, with trade reflecting consumer demand and construction reflecting investment. Employment growth in leisure-related industries also points to continued activity in consumer-facing services.

Hours Worked Rise Faster Than Employment

Labor input increased faster than headcount. Cystat estimated that employees and other workers put in 246.57 million hours during the second quarter, up 2.2% from a year earlier.

The increase suggests that businesses were not only employing more people but also recording higher total hours worked. Wholesale and retail trade, construction, and arts, entertainment and recreation again recorded the strongest gains.

Labor Market Expansion Remains Broad-Based

The combination of higher employment and hours worked points to continued expansion in Cyprus’ labor market during the second quarter. The pace remains moderate, but gains across several major sectors indicate that labor demand continued to support economic activity.