At the current share price, dividend yield is 2.2%. Ex-date is 28 May 2020

Podravka held their GSM in which the shareholders approved the distribution of 2019 net profit. The shareholders approved a dividend of HRK 9 per share, which corresponds to the dividend paid in 2019 (for the year 2018). Such a dividend translates into a yield of 2.2% Ex date is 28 May 2020, while payment date is 26 June 2020.  

As a reminder, Podravka initially proposed no dividend payment in 2020. The dividend counterproposal was received at the GSM by CERP as a legal representative of the Republic of Croatia and the Croatian Pension Insurance Institute. The counterproposal received the necessary majority votes.

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

Dividend per Share (HRK) and Dividend Yield (%) (2016 – 2020)