At the share price before the announcement, this would amount to a DY of 3.14%. Ex-date is set for 23 June 2022.
Atlantic Grupa has released an invitation to the General Assembly of Shareholders, to be held on 15 June 2022. In it, they also published MB and SB proposals, out of which one refers to the dividend payment. According to the report, a dividend of HRK 50 DPS shall be paid in 2022, out of the retained earnings the Company realized in the 2020 business year.
At the share price before the announcement, this would amount to a DY of 3.14%. It was also proposed that the net profit from 2021 shall remain undistributed. The ex-date is set for 23 June 2022, while the payment date is set for 5 July 2022. The said proposal is subject to approval by the GSM.
Also, the proposal to split Atlantic’s shares 4-for-1 was made. By distributing shares the company wants to increase its liquidity and attract new investors. A share split is to be approved, just like a proposed dividend of HRK 50 DPS, at the General Assembly of Shareholders that will be held on 15 June 2022.
Below we provide you with a historical overview of the Company’s dividends per share and dividend yields.
Atlantic Grupa Dividend per Share (HRK) and Dividend Yields (%) (2013 – 2022)