Valamar Riviera Proposes HRK 1.2 DPS

At the current share price, dividend yield is 3.9%. Ex date is 27 April 2020.

Valamar published a document on the Zagreb Stock Exchange announcing that the Management Board and Supervisory Board proposed a dividend of HRK 1.2 per share, implying a payout ratio of 52%. Such a dividend is by HRK 0.2 per share higher compared to the one paid in 2019.

At the current share price, dividend yield is 3.9%. Note that the ex-date is 27 April, while the payment date is 20 May 2020.

The propsed dividend is subject to approval at the GSM.

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

Dividend per Share (HRK) & Dividend Yield (%) (2015 – 2020)

*compared to the share price a day before the dividend proposal

InterCapital
Published
Category : Flash News

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