At the share price before the announcement, this would amount to a DY of 5.85%. The ex-date is yet to be announced.
At the Supervisory Board meeting held yesterday, 6 April 2022, the SB, together with the Management Board prepared a proposal for the distribution of 2021 profit. The accumulated profit for 2021 (EUR 318.6m) would be allocated as follows: EUR 175m in the form of dividends, EUR 71.8m to other profit reserves, and EUR 71.8m to be carried forward to the next year. This would indicate a payout ratio of 54.9% and a gross dividend of EUR 5.63 per share. At the price before the announcement, this would amount to a DY of 5.85%.
The proposal is subject to approval by the General Meeting of Shareholders, which will be held on 7 July 2022. Below we give you an overview of the historical dividends per share and dividend yields of Krka.
Dividend Per Share (EUR) & Dividend Yield (%) (2009 – 2022)