At the share price before the announcement, this would amount to a DY of 9.5%. The ex-date is yet to be determined.
Luka Koper published a statement announcing that the Management and Supervisory Boards of the Company proposed the allocation of the 2022 profit to the General Meeting of Shareholders. Out of the 2022 net profit of EUR 50.2m, EUR 35m would be paid out as a dividend, EUR 15.2m would remain undistributed. The EUR 35m dividend would mean a payout ratio of 70% of the net profit.
This would amount to a gross dividend of EUR 2.5 per share. At the share price before the announcement, this would amount to a DY of 9.5%, while the ex-date is yet to be determined. Finally, we note this is the highest DY for Luka Koper in the whole observed period.
The dividend proposal is subject to approval by the General Meeting of Shareholders. Below we provide you with historical dividends per share and dividends yields of Luka Koper.
Luka Koper Dividend Per Share (EUR) & Dividend Yield (%) (2013 – 2023)
Source: LJSE, InterCapital Research