At the share price before the announcement, this would imply a DY of 5%. No ex-date or payment date information has been released yet.
During its Supervisory Board meeting held on 27 March 2023, the Supervisory Board gave its consent to the Management Board’s proposal for the distribution of profit for the year 2023 and retained earnings from 2022. According to the report, INA will pay out EUR 240m as dividends, while EUR 11.2m will be transferred into the legal reserves.
On a per-share basis, this would imply a dividend of EUR 24 DPS, and furthermore, a dividend yield of 5%. No details regarding the ex-date or the payment date have been released as of yet.
Below we provide you with the historical dividends per share and dividend yields of INA.
INA dividends per share (EUR)* and dividend yields (%) (2015 – 2024)
Source: INA, InterCapital Research
*Exchange rate used is the yearly average for a particular year from CNB