UniCredit SpA (CRIN.HM)
- GuruFocus.com
UniCredit SpA's Dividend Analysis
UniCredit SpA (UNCRY) recently announced a dividend of $0.96 per share, payable on an unannounced future date, with the ex-dividend date set for 2024-04-24. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into UniCredit SpA's dividend performance and assess its sustainability.
- Reuters
Gazprom subsidiary ordered to stop Russian lawsuit against UniCredit
LONDON (Reuters) -A subsidiary of Russia's Gazprom was on Tuesday ordered by the UK's Supreme Court to stop suing Italian bank UniCredit in Russia over an aborted gas project. RusKhimAlyans launched multiple lawsuits in the Russian courts after Russia's invasion of Ukraine and subsequent Western sanctions halted work on a liquefied natural gas (LNG) plant at the Baltic port of Ust-Luga in 2022. The company, which is 50% owned by Gazprom, sued UniCredit for around 450 million euros ($480 million) in August 2023 after the Italian bank refused to pay bank guarantees linked to the project, citing Western sanctions.
- Reuters
Italy's BPER picks former UniCredit exec Papa as new CEO
BPER Banca said its newly elected board would meet later on Friday to appoint a new chief executive, as former UniCredit manager Gianni Franco Papa prepares to take the reins at Italy's fourth-largest bank. Papa, 68, was a former general manager at UniCredit and had already been sitting on BPER's outgoing board.
