At the share price before the announcement, this would imply a DY of 2%. The ex-date is set for 13 June 2024, while the payment date is set for 12 July 2024.

Yesterday, Podravka held its GSM meeting, after which the resolutions, including the approval of the dividend, were published. According to the press release, Podravka approved EUR 3.2 DPS, which at the share price before the announcement implies a DY of 2%. As a reminder, last year, Podravka paid out EUR 2.65 in the form of dividends, which would mean that this year’s dividend payment will be 20.7% higher YoY.

The ex-date is set for 13 June 2024, while the payment date is set for 12 July 2024. Below we provide you with the historical dividends per share and dividend yields of the Company.

Podravka dividend per share (EUR) and dividend yield (%) (2016 – 2024)

Source: Podravka, InterCapital Research