On Friday, HT went ex-date, and its share price declined by 3.1%. Compared to the DY of 4.3%, this decline is slightly lower.

On Friday, Hrvatski Telekom went ex-date on its 2022 dividend payment. As a reminder, HT proposed and approved EUR 1.1 DPS, which at the share price before the proposal, would imply a DY of 4.3%. The dividend payment also carried a 93.9% payout ratio, and the dividend itself represents an increase of 3.6% compared to the previous year’s dividend payment. After Friday’s close, HT’s share price declined by a total of 3.1%, which is 1.2 p.p. lower than the DY before the proposal.

The payment date for the dividend is set for 22 May 2023. Below we provide you with the historical dividends and dividends per share of HT Group.

HT Group dividends per share (EUR)* and dividend yields (%) (2008 – 2023)

Source: HT Group, InterCapital Research

*Historical dividends converted to EUR using the CNB’s HRK/EUR exchange rate for the period.