At the share price before the announcement, this would amount to a DY of 4.49%. The ex-date is set for 29 September 2022.
Atlantska Plovidba held its General meeting of shareholders, and on it, they announced the approval for the distribution of profit from the financial year 2021. Out of the HRK 878.4m net profit achieved, HRK 274.5m will be used to cover the losses from the previous period, HRK 556.2m will be transferred into retained earnings, HRK 20m will be transferred into legal reserves, and finally, HRK 27.6m will be used for the dividend payment. This would equate to the dividend payment of HRK 20 DPS, and a dividend yield of 4.49%.
The ex-date is set for 29 September 2022, while the payment date is set for 28 October 2022.