At the share price before the announcement, this would amount to a DY of 2.95%. The ex-date is set for 30 August 2022.
Luka Koper published a statement announcing that the Management and Supervisory Boards of the Company proposed the allocation of the 2021 profit to the General Meeting of Shareholders. Out of the 2021 net profit of EUR 29.6m, EUR 9.94m would be paid out as a dividend, EUR 14.6m would be allocated for other reserves from profit, and the remaining EUR 5.02m would remain undistributed. The EUR 9.94m dividend would mean a payout ratio of 33.2% of the net profit.
This would amount to a gross dividend of EUR 0.71 per share. At the share price before the announcement, this would amount to a DY of 2.95%. the ex-date is set for 30 August 2022, while the payment date is set for 31 August 2022.
As a reminder, Luka Koper has already announced its dividend payout policy in its 2020-2025 business plan. According to the plan, the Company sees increased investments in the core business, and as such, a maximum of one-third of the net profit is to be allocated to dividends, which is the case here.
The dividend proposal is subject to approval by the General Meeting of Shareholders, which is to be held on 6 June 2022. Below we provide you with historical dividends per share and dividends yields of Luka Koper.
Luka Koper Dividend Per Share (EUR) & Dividend Yield (%) (2013 – 2022)