Hrvatski Telekom proposes HRK 8 DPS

At the current share price, this represents a DY of 4.3%, with the ex-date on 4 May 2022.

The Management and Supervisory Boards of HT proposed to the General Assembly of the Company the distribution of the net profit from 2021. More specifically, net profit amounting to HRK 637.8m will be used for the dividend payment, while the remaining amount of the net profit will be allocated to retained earnings.

This dividend payment would translate to HRK 8 per share, the same as paid in the previous year, with 95.8% of the realized profit being used for the dividend payment.

The record date for the dividend payment is set for 5 May 2022, while the ex-date will be on 4 May 2022, and finally, the payment date is set for 16 May 2022.

Also, the Management Board of the Company said they expect a minimum dividend of HRK 6 per share for the year 2022, for which they will monitor the parameters that could influence the dividend amount and decide accordingly.

Dividend per Share (HRK) and Dividend Yield (%) (2008 – 2022)*

*Compared to the share price a day before the announcement

Category : Flash News

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