Yesterday, Krka’s shares went ex-date. After the market’s closing, the stock decreased by 5.24%, which is slightly lower than the 5.85% DY.
This refers to the previously approved dividend of EUR 5.63 per share or a dividend yield of 5.85%. When the market closed, the stock declined by 5.24%, a similar level to the dividend yield.
As a reminder, Krka recently published their Q2 2022 result estimates, according to which, they expect a sales revenue of EUR 853.4m, an increase of 6% YoY. At the same time, their estimated EBITDA decreased by 25%, while the net profit amounted to EUR 236.2m, an increase of 33% YoY. If you would like to read more about this news, click here.
In general, Krka has app. 33% of their total sales in Region East Europe, of which Russia is the largest market, thus the Company has been directly affected by the current Russia-Ukraine conflict. To put things into perspective, since the beginning of the year, the stock declined by 20.34%, of which the decline after the ex-date amounted to 5.24%.
Krka is going to publish their Q2 2022 results on 21 July 2022, in which more information will be provided. Below we provide you with a historical overview of the Company’s dividends per share and dividend yields.
Krka dividend per share (EUR) & dividend yield (%) (2009 – 2022)