At the share price before the announcement, the DY would amount to 5.28%. Ex-date is set for 11 July 2022.
Sava Re has published the resolutions of its GSM held yesterday, 23 June 2022. According to the report, the dividend payment in the amount of EUR 23.2m would be paid out, representing a payout ratio of app. 30%. This would amount to a EUR 1.5 dividend per share, which at the share price before the dividend’s initial proposal would amount to a DY of 5.28%. The ex-date is set for 11 July 2022, while the payment date is set for 12 July 2022.
In the graph below, we provide you with the historical dividends per share and dividend yields of the Company.
Dividend per share (EUR) and dividend yield (%) (2014 – 2022)