Adris’ shareholders approve HRK 12.5 DPS, DY 2.8% for preferred shares and DY 2.6% for regular shares, ex-date Jul 13th.
Adris held their GSM yesterday during which the company’s shareholders approved a dividend of HRK 12.5 per share. According to yesterday’s closing price this translates to a dividend yield of 2.8% for preferred shares and dividend yield 2.6% for regular shares. The dividend will be paid out on 30 July 2021, while the ex-dividend date is set on 13 July 2021.
As a reminder, Adris did not pay out a dividend in 2020. However, we note that besides dividends, Adris frequently uses share buyback to return cash back to their shareholders.
In the graph below, we are bringing you the historical overview of the company’s dividend per share and dividend yield. Note that the yields were calculated based on the closing price the day before the initial dividend proposal.