ADRS & ADRS2 Went Ex-date

On Friday, Adris Group shares went ex-date. ADRS decreased by 2.1%, while ADRS2 decreased by 0.7%.

On Friday, ADRS and ADRS2 went ex-date. Adris’ regular share price decreased by 2.1%, while the preferred share price decreased by 0.7%, both less compared to their DY.

As a reminder, on 20 June, Adris held its GSM where the company announced that the company will pay out a dividend of EUR 2.35 per share, out of the retained earnings in the period from 2005 to 2011. Shareholders approved a dividend of EUR 2.35 per share (for both regular and preferred share). Note that, dividend yield for regular shares (ADRS) is 3.7% and dividend yield for preferred shares (ADRS2) is 4.1%.

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.

Adris grupa dividend per share (EUR*, left) and dividend yield (%, right) (2013 – 2023)

Source: Adris Grupa, InterCapital Research

*Converted using CNB’s EUR/HRK exchange rate for the periods in question

Category : Flash News

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