The XTB management has proposed its highest dividend payout in history, allocating approximately 75% of total profits, around $195 million, to shareholders, with the remaining $49 million earmarked for reserve capital.

The proposed dividend record and payment dates are June 5th and June 20th, 2024, respectively, with a per-share dividend of $1.24, yielding 7.2%, slightly lower than the previous year. This increase reflects XTB's growth plans and expanding customer base, aiming to enter new markets and scale its user base.

Investors have shown confidence in the company's short-term growth, as evidenced by a 2% increase in shares, bolstered by a stronger net profit. XTB is transitioning to a global FinTech venture, aiming to introduce new products like passive trading tools based on ETFs, starting with the British market.

Founded in 2002, XTB offers indices, forex, commodities, and cryptocurrency products, supporting fiat currencies like EUR, USD, and CHF. The dividend announcement follows XTB's recent acquisition of Eagle Capital Futures in Indonesia, impacting its Asian market presence. The reaction to the management's proposal remains to be seen.