At the current share price dividend yield is 6.1%
Krka’s Management and Supervisory board proposed to allocate the accumulated profit for 2019. Of the EUR 270.87m of 2019 profit, EUR 133.85m was proposed to be paid as dividends. This translates to a dividend per share of EUR 4.25 and is 32.8% higher compared to the dividend paid for 2018.
At the current share price dividend yield is 6.1% The dividend is subject to approval at the GSM, which will be held on 9 July 2020. Note that the ex-dividend date is not yet proposed.
Given the current Covid-19 situation, if Krka approves the payment of the dividend, it would be one of a few regional companies to pay the dividend for 2019. In the graphs below, we are bringing you a historical overview of the company’s dividend per share and dividend yield, where one can observe a stable growth of the dividends throughout the years. Note that this would be the highest dividend yield in the observed period.
Dividend per Share (EUR) and Dividend Yield (%) (2009 – 2020)*
*compared to the share price a day before the dividend proposal