INA approves HRK 62.27 DPS, DY 2.2%, ex-date Sep 1st.
INA published a resolution from their AGM yesterday in which the shareholders approved to allocate a part of FY 2019’s net profit as dividend. Of the HRK 655.6m of 2019 profit, HRK 622.7m was approved to be paid as dividends. This translates to a dividend per share of HRK 62.27 and is 50% below last year’s dividend of HRK 125 per share.
At the current share price dividend yield is 2.2%. Note that the ex-dividend date is 1st September 2020.
In the graphs below, we are bringing you a historical overview of the company’s dividend per share and dividend yield.
Dividend per Share (HRK) and Dividend Yield (%) (2015 – 2020)
