At the share price before the announcement, DY amounted to 2.8% for both the regular and 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 2021. Of the net profit of HRK 88.4m, 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%.
At the share price before the announcement, the dividend yield amounted to 2.8% for both the regular and preferred shares. The dividend is subject to approval at the GSM, and the ex-date is yet to be announced.
As a reminder, Končar D&ST is a member of Končar elektroindustrija Group (KOEI) and is consolidated in Group results. Končar has 67.9% shareholding in this company.
In the graphs below, we are giving you an overview of the historic movement of the Company’s dividend per share and dividend yield.
Dividend Per Share (2015 – 2022) (HRK) Dividend Yield (2015 – 2022) (%)