Adris Proposes HRK 18.2 DPS

At the current share price, the dividend yield for the regular share (ADRS) is 3.6%, while for the preferred share (ADRS2) it amounts to 4%.

Adris published an invitation to the General assembly in which they proposed a payout of HRK 298.5m which translates into a dividend of HRK 18.2 per share. At the current share price, the dividend yield for regular shares is 3.6%, while for the preferred shares it amounts to 4%. The proposed dividend shows further dividend growth, which can be observed in the graph below. The higher dividend came on the back of strong operational and financial results posted by the company in 2018. Note that besides dividends, Adris frequently uses share buyback to return cash back to their shareholders. As a reminder, in February, Adris concluded a share buyback worth HRK 58m, which can be read about here.

The dividend will be paid out on July 19th 2019, while the ex-dividend date is set on June 27th.

In the graphs below, we are bringing you a historical overview of the company’s dividend per share and dividend yield for both regular and preferred share.

Dividend Per Share (2013 – 2019) (HRK)

Dividend Yield (2013 – 2019) (%)*

*compared to the share price a day before the dividend proposal

Category : Flash News

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