On Friday, Ericsson NT went ex-date, while the share price dropped by 2.65% to HRK 1,470 per share.

As a reminder, Ericsson Nikola Tesla held the Extraordinary General Meeting last week in which the shareholders of the company approved the dividend payment of HRK 49 per share. This translates into a dividend yield of 3.2%. 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, while later in October proposed the aforementioned dividend payment.

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