At the current share price, dividend yield is 3.7%.
Ericsson Nikola Tesla published an announcement stating that the Supervisory Board and Managing Director made a joint proposal to shareholders at the General Meeting to adopt a dividend payment of HRK 49 per share. This translates into a dividend yield of 3.7%. Such a dividend per share is 31% lower than the one paid in the previous year.
As a reminder, in mid-May the Management and Supervisory Board of the company proposed HRK 95.51m to be allocated to retained earnings. The dividend proposal is subject to approval at the Extraordinary General Meeting, which will be held on 9 December 2020. Note that ex-date was not yet stated.
In the graphs below, we are bringing you a historical overview of the company’s dividend per share and dividend yield.
Dividend per Share (2013 – 2020) (HRK)
Dividend Yield (2013 – 2020) (%)