Chairman of the Board of Turkish Airlines (THY), Ahmet Bolat, announced that the company is gearing up to distribute dividends for the first time in over a decade. In a promising statement for shareholders, Bolat said, “We need to distribute dividends this year, and we definitely will.”
First Since 2013
Turkish Airlines last paid dividends in 2013. The plan to resume dividend payments after 12 years has sparked significant excitement among investors.
Financial Success and Future Goals
THY has demonstrated strong operational success in recent years and performed robustly during the post-pandemic recovery. The improvements in the company’s financial statements have created a solid foundation for the resumption of dividend payments.
What Does This Mean for Shareholders?
The resumption of dividends after a long hiatus will allow Turkish Airlines shareholders to tangibly experience the results of the company’s growth and profitability-oriented strategies. Ahmet Bolat’s announcement aims to boost investor confidence and reignite interest in the airline.
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