At the current share price dividend yield is 4.9%. Ex-date is 6 May 2020

HT published an announcement on the Zagreb Stock Exchange stating that the Management Board and the Supervisory Board proposed the distribution of net profit from 2019.

In the proposal HRK 646.13m would be used to pay out dividend to the shareholders, which translates into a dividend of HRK 8 per share. Such a dividend is HRK 2 per share lower compared to the dividend paid out in 2019 and represents a payout ratio of 90.2%

Note that the ex-date is 6 May 2020, while the dividend is subject to approval at the GSM which will be held on 29 April 2020.

The Management Board also stated that they currently expect the payment of the dividend of a minimum amount of HRK 6 per share for the year 2020 (which was also stated for the year 2019).

In the graph below, we are bringing you historical overview of the company’s dividends.

Dividend per Share (HRK) & Dividend Yield (%) (2008 – 2020)

*compared to the share price a day before the dividend proposal