Yesterday, ADRS decreased by 3.3%, while ADRS2 decreased by 2.5%.

Yesterday, ADRS and ADRS2 went ex-date. Adris’ regular share price decreased by 3.31%, closing at HRK 468 per share, while the preferred share price decreased by 2.53%, closing at HRK 424 per share.

As a reminder, on 29 June, Adris held their GSM where shareholders approved a dividend of HRK 12.5 per share (for both regular and preferred share). Note that, dividend yield for regular shares is 2.67% and dividend yield for preferred shares is 2.97%.

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 graphs 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.