At the share price before the announcement, this would amount to a DY of 3.68% for regular and 3.98% for preferred shares. The ex-date is yet to be announced.

Končar D&ST published a document on the Zagreb Stock Exchange in which the Company proposed the distribution of profit for the year 2024. Of the net profit of EUR 107m, EUR 66.4m will be transferred to retained earnings, while the remaining amount, EUR 40.7m will be paid out as dividends. This represents a payout ratio of 38%.

At the share price before the announcement, the dividend yield amounted to 3.68% for regular and 3.98% for preferred shares. The dividend is subject to approval at the GSM, and the ex-date is yet to be announced.

Končar D&ST further notes that this represents an increase of 151% over the last year’s dividend (EUR 31.75 DPS). In the graphs below, we are giving you an overview of the historic movement of the Company’s dividend per share and dividend yield.

Končar D&ST dividends per share (EUR) and dividend yield (2015 – 2025, %)

Source: Končar D&ST, InterCapital Research