Eligibility and payment schedule
The dividend will go to ordinary shareholders listed on TBC Group's register at the close of business on January 8, 2027. Shares will trade ex-dividend on January 7.
The sterling amount will be determined on January 15, 2027. TBC will use the National Bank of Georgia's average Georgian lari-to-British pound exchange rate over the five-day period from January 11 through January 15, inclusive.
Dividend history and payout targets
The GEL 1.75 rate also applied to the quarterly dividends paid on November 21, 2025, and February 10, 2026, according to TBC Group's investor information. The preceding quarterly payment, on September 5, 2025, was GEL 1.50 per share. TBC subsequently declared a second-quarter 2026 dividend of GEL 1.75 per share in August 2026.
In its second-quarter and first-half results report, published on August 6, 2026, TBC reported a first-half dividend total of GEL 3.50 per share. That comprised two quarterly dividends of GEL 1.75 each and represented an 8% increase from a year earlier.
The report also reaffirmed TBC's financial targets for 2026-2028: an annual payout ratio of 25-45%, including dividends and share buybacks, and a minimum dividend payout ratio of 25% under a progressive dividend policy. Its other targets call for annual loan book growth of at least 15% and an annual return on equity of at least 23%.
Operations in Georgia and Uzbekistan
London-listed TBC Group serves 7.6 million digital monthly active users across Georgia and Uzbekistan. Founded in Georgia in 1992, it began operating in Uzbekistan in 2020.
The company is registered in England and Wales. Its index memberships include the FTSE 250, the FTSE4Good Index Series and the MSCI United Kingdom Small Cap Index.
