The proposed no dividend payout is based on the business outcomes achieved in the previous year, as well as overheads related to monitoring the regulatory environment.
Tankerska Next Generation published an invitation to the General Assembly in which the Management and Supervisory Board proposed not to pay dividends in for 2018, which, among other things, is based on the business outcomes achieved in the previous year, as well as overheads related to monitoring the regulatory environment.
Instead of paying a dividend to the shareholders, the Management and Supervisory Board of the company propose the 2018 net profit, amounting to HRK 6.3m to be distributed as HRK 6m to retained earnings and HRK 0.3m to mandatory reserves.
This would be the first time that the company is not paying a dividend since the IPO. As a reminder, we are bringing you the company’s historical dividend per share and dividend yield.
