At the current share price, the dividend yield (for both dividends) would be 18%.

Hrvatski Telekom published a document of all counterproposals received from shareholders on General Assembly decisions. One of them is a counterproposal from Raiffeisen Pension Fund Management Company for a dividend of HRK 990.1m to be paid out from the profit generated in 2018 to the shareholders. This would translate into a dividend of HRK 12.19 per share.

Besides that, Raiffeisen also counterposed an additional dividend of HRK 1.4bn, which would translate into a dividend of HRK 16.94 per share. Note that the ex-dividend date for both proposals is 20 May 2019. At the current share price, the dividend yield (for both dividends) would be 18%.

As a reminder, HT initially proposed a dividend of HRK 10 per share which represented a strong increase compared to 6 HRK in previous years. Of the HRK 10 per share, HRK 7 per share was proposed to be paid out of 2018 net profit and, in addition, HRK 3 per share was proposed to be paid following improved economic and investment climate in Croatia.

In the graphs below, we are bringing you a historical overview of the company’s dividend per share and dividend yield, with the counter proposed dividend for 2019.