At the share price a day before the proposal, dividend yield is 5.3%, while ex-date is 8 June 2021.
The shareholders of Triglav approved the initial proposal of the Management Board regarding the 2021 dividend payment. To be specific, the approved dividend is EUR 1.70 per share. The total amount of dividends of EUR 38.65m represents a payout ratio of 53%. We note that the company has been a consistent dividend payer prior to the pandemic, paying out EUR 2.5 per share for 5 consecutive years (as visible on the graph below).
At the share price a day before the proposal, dividend yield is 5.3%. However, at the current share price, dividend yield is 4.9%. Note that the ex-date is 8 June 2021.
Dividend per Share (EUR) and Dividend Yield (%) (2014 – 2021)