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 Grupa published a proposal for the utilization of profit in the form of a dividend. According to the proposal, EUR 2.57 DPS would be distributed in the form of dividends. Out of this amount, EUR 2.28 DPS will be paid out from the retained earnings of the years 2005 – 2011, while EUR 0.29 DPS will be paid out from the retained earnings of the Company after 2012. 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.

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