At the share price before the announcement, the DY amounted to 2.8% for both the regular and preferred shares. The ex-date is set for 7 June 2022, while the payment date is set for 23 June 2022.

On 24 May 2022, the General Assembly of Končar D&ST approved the dividend payment for 2022. As a reminder, out of HRK 88.4m net profit for 2021, HRK 53.1m will be held as statutory reserves, while the remaining amount, HRK 35.4m will be paid out as dividends.

This represents a payout ratio of 40%, and at the share price before the announcement, a dividend yield of 2.8% for both the regular and preferred shares. The ex-date is set for 7 June 2022, while the payment date is set for 23 June 2022.

It should be noted that Končar D&ST is a member of Končar elektroindustrija Group (KOEI), and is consolidated in the Group’s results. Končar currently holds 67.9% of the shares in the Končar D&ST.

In the graphs below, we provide you with a historical overview of the Company’s dividends per share and dividend yields.

Dividend per share (2015 – 2022, HRK) and Dividend Yield (2015 – 2022, %)