The Management and Supervisory Board of the company proposed HRK 95.51m to be allocated to retained earnings.

Ericsson Nikola Tesla published the Convocation to the GSM which will be held on 26 June 2020. The Management and Supervisory Board of the company proposed the net profit of 2019 of HRK 95.51m to be allocated to retained earnings. This of course implies no dividend payment in 2020.

Given the current situation regarding the Covid-19 pandemic and the implications and uncertainties which come with the situation, such a proposal does not come as a surprise. In the graphs below, we are bringing you a historical overview of the company’s dividend per share and dividend yield.