Given the economic circumstances caused by the Covid-19 pandemic, the company will focus on maintaining liquidity and reducing its costs. Therefore, the Supervisory Board considers that this year it would be justified not to pay the dividend.  

Adris held a Supervisory Board meeting yesterday in which the Board announced that they will refrain from paying a dividend this year (for the year 2019), meaning that they will not suggest a dividend payment to the GSM.

Given the economic circumstances in Croatia and in the world, caused by the Covid-19 pandemic, the company will focus on maintaining liquidity and reducing its costs. Therefore, the Supervisory Board considers that this year it would be justified not to pay the dividend.  

Note that the Supervisory Board accepted the Management Board’s proposal to convene the GSM when the circumstances of the epidemiological situation so permit, and certainly within a legal deadline.

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.