At the share price before the announcement, this would amount to a DY of 1.92%. The ex-date is set for 6 July 2023.
Yesterday, Atlantic Grupa’s SB and MB meetings were held, where among other things, the dividend proposal was made. According to the press release, they proposed EUR 1 DPS for the 2023 dividend payment, which would be paid out of retained earnings from 2020., and parts of the 2021 profit.
The ex-date is set for 6 July 2023, while the payment date is set for 14 July 2023. Of course, the dividend proposal is subject to approval by the GSM, which will be held on 29 June 2023. Below, we provide you with the historical dividend per share, and dividend yields of the Company.
Atlantic Grupa dividends per share (EUR*) and dividend yield (%) (2013 – 2023)
Source: Atlantic Grupa, InterCapital Research
*Unadjusted for the 4:1 share split and converted to euros using CNB’s HRK/EUR exchange rate for the periods in question