Grand Hotel Union announced that it will pay a dividend of EUR 0.85 ($1.1) per share in the year 2014. The company's shareholders approved the proposed dividend payment on July 28, 2014. Dividends will be paid out in two tranches.

The first one, in amount of EUR 0.42 per share, will be paid out by August 15, 2014, while the reminder - by October 15, 2014.