Klabin (KLBN11) announces payment of dividend. Check out the details:

Published at 8:34 am

Klabin’s board of directors (KLBN11) approved the payment of dividend. The information was released this Thursday, 25.

The value of the distribution is R$330 million reais. The value corresponding to common and preferred shares is R$0.05970763088. The value corresponding to the Units is R$0.29853815440/Unit.

Anyone who holds shares at the close of trading on May 3, 2024 (base date) will be entitled to receive dividends. Shares and Units will be traded “ex-dividends” from May 6, 2024. Dividends will be paid on May 16, 2024.

Klabin also released its first quarter results today. The company had a net profit of R$460 million in the first quarter of 2023 (1Q24). This value corresponds to a 64% drop compared to 1Q23. Adjusted Ebitda totaled R$1.65 billion, a 15% drop compared to 1Q23.

Check the details in the table below:

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