Telekom Slovenije Approves EUR 4.5 DPS

At the current share price, the dividend yield is 7%. Note that the ex-date is 25 October 2019.

Telekom Slovenije held the General meeting in which the shareholders approved the proposal to use the distributable profit, which amounts to EUR 38.99m for 2018, to pay out dividends in the amount of EUR 29.27m, translating to EUR 4.50 per share and a payout ratio of 75%. Note that the approved dividend is in line with the initially proposed divided payment. The remainder in the amount of EUR 9.7m shall be carried over to the following year. As a comparison, the approved dividend is significantly lower than the one paid in 2018 (for the year 2017) which amounted to EUR 14.3 DPS. However, note that the mentioned dividend was a one-off payment relating to the sale of assets in Macedonia.

At the current share price, the dividend yield is 7%. Note that the ex-date is 25 October 2019.

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

Telekom Slovenije Dividend per Share (EUR) & Dividend Yield (%) (2010 – 2019)

When observing the company’s share price performance since 2015, one can notice that the share recorded a decrease of 56.6%. Meanwhile total return recorded a decrease of 36.4% in the same period.

Share Price Performance vs Total Return (2015 – 30.8.2019)

InterCapital
Published
Category : Flash News

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