At the closing price before the announcement, this would amount to a DY of 2.98%. Ex-date is set for 20 June 2022.

Ina has published the resolutions of its GSM held on 15 June 2022. Among the resolutions, the most interesting one is the approval of the 2022 dividend payment. According to the report, out of the net profit of HRK 1.27bn achieved in 2021, HRK 241.2m will be used to cover losses from the previous year, HRK 51.6m will be transferred into legal reserves, HRK 513.9k will be transferred into retained earnings, while HRK 980m will be used for dividend payment.

This implies a payout ratio of 77%, which would translate into a dividend of HRK 98 DPS. At the closing price before the announcement, this would amount to a DY of 2.98%. The ex-date is set for 20 June 2022, while the payment date is set for 14 July 2022.

Below we provide you with the Company’s historical dividend per share and dividend yields.

INA dividend per share (HRK) and dividend yield (%) (2015 – 2022)