Telekom Slovenije Approves 3.5 DPS

At the current share price dividend yield is 7.2%. Ex-date is 17 June 2020.

Telekom Slovenije held their General Meeting in which the shareholders approved the proposal for the use of distributable profit, which amounted to EUR 30.2m in 2019. The shareholders approved the proposal to allocate EUR 22.8m for paying dividends, which amounts to EUR 3.50 gross per share, while the remainder in the amount of EUR 7.4m shall be carried over to the following year.

Such a dividend per share is 22% lower compared to the one paid in 2019. At the current share price dividend yield is 7.2%, while the ex-date is 17 June 2020.

As a reminder, the Management Board initially proposed no dividend payment (EUR 30.16m to remain undistributed). However, the company received a counterproposal by SDH (Slovenski državni holding) which ended up being approved at the GSM.

In the graph below, we are bringing you historical overview of the company’s dividends.

Telekom Slovenije Dividend per Share (EUR) & Dividend Yield (%) (2010 – 2020)

InterCapital
Published
Category : Flash News

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