Atlantic Grupa lifted the ceiling of their payout ratio from 25% to 45%.
According to a statement released on the Zagreb Stock Exchange yesterday, Atlantic Grupa announced a change to their dividend policy. Namely, the company lifted the ceiling of their payout ratio from 25% to 45%. However, the payout will depend on the situation on the capital market, as well as the growth of net profit, revenue levels, expected increase of Atlantic Grupa’s property value and other relevant factors.
As a reminder, the Group paid out a dividend of HRK 40 per share this year, implying a dividend yield of 2.65%.
In the graph below, we are bringing you the company’s historical dividend per share and dividend yield.
Dividend per Share (HRK) and Dividend Yield (%) (2013 – 2021)