Yesterday, Atlantska Plovidba went ex-date, with the share price falling by 5.4%. As a reminder, the DY of the Company amounted to 9.3%.
As the Company announced the highest dividend yield amount the Croatian blue chips, it was expected that on the ex-date the share price would decline. This is due to the fact that after this date new investors will not be eligible for the said dividend. After the market’s close, Atlantska Plovidba’s share price declined by 5.7%, which is less than the aforementioned 9.3% DY. The payment date is set for 28 July 2023.