Span Proposes HRK 5 DPS

At the share price before the announcement, this would amount to a DY of 2.27%. The ex-date is set for 16 June 2022.

Last Friday, Supervisory and Management Boards of Span have proposed the distribution of 2021 profit. Out of the net profit of HRK 24m achieved in 2021, the Company will pay out app. HRK 9.63m in the form of dividends. This would ammount to a dividend of HRK 5 per share, and at the price before the announcement, a dividend yield of 2.27%.

The ex-date is set for 16 June 2022, while the payment date is set for 1 July 2022. As a reminder, in February 2022, Span published its dividend payment policy. In it, they announced that they plan to pay out between 20% to 50% of their consolidated profit in the form of dividends. This payment would be subject to several conditions, including development plans, capital market situation, net profit growth, revenue levels, etc.

InterCapital
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Category : Flash News

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