At the current share price, dividend yield is 11%.

The Association of Small Shareholders of Slovenia (MDS) sent a counterproposal regarding the profit distribution. To be specifc, the MDS proposes a dividend distribution of EUR 31.9 per share.

MDS states that in the convocation, the company and the Supervisory Board of Cinkarna Celje proposed a division of only EUR 21 per share, although the annual report for 2021 and the Q1 report of the company show that the company operates stably and above plan. At the same time, the company has a surplus of cash at the end of Q1 amounting to EUR 57.1m, 6% higher than at the end of 2021. The eventual payment of dividends that would be paid in accordance with this proposal does not endanger the company’s capital stability in any way due to the cash surplus.

Thus, the MDS Proposes that the part of the distributable profit in the amount of EUR 24.9m is used for the payment of dividends in the gross value of EUR 31.9 per share. Such a dividend implies a yield of 11%.

As a reminder, GSM will take place on 15 June 2022.

In the graphs 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 – 2022)