On Friday, NLBR decreased by 1.2%, closing at EUR 64.6 per share.

On Friday NLB went ex-date. NLB’s share price decreased by 1.2%, closing at EUR 64.6 per share. On 13 June, NLB held GSM where shareholders approved a dividend of EUR 0.6 per share for the first instalment of dividends. The second instalment will be on 18 October amounted to EUR 0.64 per share.

At the current share price, dividend yield is 0.93%

We note that the Management Board is entitled and obliged to cancel in part or in full the payment of the second instalment of the dividend if the payment would be in conflict with the regulations.

If the payment of the second dividend instalment is not cancelled, ex date will be 14 October 2021.

As a reminder, NLB did not pay out dividends in 2020.