PBZ Proposes a Dividend of HRK 76.07 per Share

At the current share price, the dividend yield amounts to 7.6%.  Ex-dividend date will be on 14 April 2020.

Privredna Banka Zagreb (PBZ) published an announcement on the Zagreb Stock Exchange stating that the Management and Supervisory Board have proposed a dividend of HRK 76.07 per share. At the current share price, this would translate into a dividend yield of 7.6%. Note that such a dividend per share implies a payout ratio of 88% and is 4.8% higher compared to the previous year, and is the highest dividend proposed in the observed period.

The proposed dividend is subject to approval at the GSM which should be held on 1 April 2020. The bank notes that the ex-date is 14 April 2020.

In the graph below, we are bringing you historical overview of the company’s dividends.

Dividend per Share (HRK) & Dividend Yield (%) (2013 – 2020)

*compared to the share price a day before the dividend proposal

Category : Flash News

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