At the share price before the announcement, this would imply a DY of 5.88%. The ex-date is set for 25 June 2024, while the payment date is set for 27 June 2025.

Cinkarna Celje published the GSM call, which will be held on 21 May 2025. Inside the GSM call, the Company also published the proposal for the distribution of the balance sheet profit. Cinkarna notes that as of 31 December 2024, it amounted to EUR 23.09m, and consists of retained earnings of EUR 6k, and the 2024 net profit of EUR 23.08m.

The distribution will be made as follows: EUR 14m for dividend payments, with a gross dividend of EUR 1.8 DPS, and EUR 9m will be retained as retained earnings of the financial year.

On a per share basis, this would imply a gross dividend of EUR 1.8. At the share price before the announcement, this would also mean that the DY amounted to 5.88%. The ex-date is set for 25 June 2024, while the payment date is set for 27 June 2024.

Below we provide you with the historical dividend per share and dividend yield of the Company.

Cinkarna Celje dividend per share (EUR) and dividend yield (%) (2012 – 2025)

Source: Cinkarna Celje, InterCapital Research

*2024 includes both the approved dividend and the newly proposed dividend