The share price closed at HRK 188.5 per share, representing a decrease of 2.33%.

HT went ex-date yesterday, with the share price closing at HRK 188.5 per share (-2.3%). Meanwhile, the share reached HRK 186 per share at the lowest point yesterday (-3.6%). As a reminder, the shareholders approved the distribution of the net profit from 2020. To be specific, net profit amounting to HRK 641.9m would be used for the pay-out of dividend to shareholders, while the remaining part of the net profit in the amount of HRK 61.9m would be allocated to retained earnings.

Such a dividend payment translated to HRK 8 per share, the same as paid in the previous year, while the pay-out ratio of Croatian Telecom Inc. stands at 91%. Dividend yield is 4.3%, compared to the share price a day before the dividend proposal.

Dividend per Share (HRK) and Dividend Yield (%) (2008 – 2021)*

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