Podravka Went Ex-date

Yesterday, Podravka’s shares went ex-date. After the market’s closing, the stock decreased “only” by 0.5%, which is below the DY of 2.9%.  

Yesterday, Podravka’s shares went ex-date, referring to the previously approved dividend of EUR 2.65 per share, with a DY of 2.9% (at the price before the dividend’s proposal). The share price decreased yesterday by 0.5%, which is below the dividend yield, implying an appreciation in share price during the trading hours.

In the graph below, we are bringing you a historical overview of the company’s dividend per share and dividend yield. Note that the yields were calculated based on the closing price the day before the initial dividend proposal. The payment date is set for 14 July 2023.

Podravka dividend per share* (EUR) and dividend yield (%) (2016 – 2023)

Source: Podravka, InterCapital Research

*converted using CNB’s EUR/HRK exchange rate at the time

Category : Flash News

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