At the share prices before the announcement, this would imply a DY of 3.1% for the regular shares, and 4.2% for the preferred shares. The ex-date is set for 5 July 2024, while the payment date is set for 24 July 2024.

Yesterday, Adris held its GSM meeting, during which the proposal for the distribution of profit was approved. As a reminder, Adris proposed EUR 2.57 DPS to be approved in the form of dividends. Out of this, EUR 2.28 DPS will be paid out from the retained earnings of the years 2005 – 2011, while EUR 0.29 will be paid out from the retained earnings of the Company after 2012. Following the GSM, this dividend has been approved.

At the share price before the announcement, this would imply a DY of 3.1% for the regular shares, and 4.2% for the preferred shares. The ex-date is set for 5 July 2024, while the payment date is set for 24 July 2024. Below we provide you with the historical dividend per share and dividend yields of the Company.

Adris Grupa dividend per share (EUR, left) and dividend yield (%, right) (2013 – 2024)

Source: Adris Grupa, InterCapital Research