Cinkarna Celje held the GSM yesterday in which the shareholders approved a dividend payment of EUR 25m. This translates into EUR 3.2 per share and is EUR 0.43 DPS higher compared to the initially proposed dividend.

Cinkarna Celje held the GSM yesterday in which the shareholders approved a dividend payment of EUR 25m. This translates into EUR 3.2 per share and is EUR 0.43 per share higher compared to the initially proposed dividend. We note the mentioned EUR 3.2 per share was on the base of the counterproposal from SDH. Also, the company received a second counterproposal, after the initial proposal from the company. To read more about it, click here.

We note that the dividend yield is 15.3%, while the ex-date is 21 February 2024. The payment date is set for 23 February 2024.

In the graph below, we are bringing you a historical overview of the company’s dividend per share and dividend yield.

 Dividend per Share (EUR) and Dividend Yield (%) (2012 – 2024)

Source: LJSE, InterCapital Research