Atlantic Proposes HRK 32 DPS

At the current share price, dividend yield is 2.8%. Ex-dividend date is 3 July 2019.

Atlantic Group held sessions of the Management Board in which they proposed dividend in the amount of HRK 106.6m to be paid out as dividend to their shareholders. This would translate into a dividend of HRK 32 per share, which would be paid out from the part of retained earnings of the company realized in business years 2003, 2004, 2015, 2017 and from the 2018 company’s net income. The proposed divident amount compared to consolidated 2018 net income of HRK 244m translates into a payout ratio of 44%. The dividend of HRK 32 per share represents an increase of 60% YoY.

At the curret share price, the dividend yield is 2.8%. Note that the ex dividend date is 3 July 2019.

In the graphs below, we are bringing you the company’s historical dividend per share and dividend yield. As visible in the graph, the proposed dividend would have the highest dividend yield in the observed period.

Dividend per Share (2013 – 2019) (HRK)

Dividend Yield (2013 – 2019) (%)*

*compared to the share price day before the dividend announcement

Category : Flash News

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