Zaba Approves EUR 1.4 DPS

At the price before the announcement, this would amount to a dividend yield of 7.5%. The ex-date is set for 16 April 2024.

During its General Assembly meeting held yesterday, 10 April 2024, ZABA approved the proposal for the distribution of profit from the year 2023. This would amount to a dividend of EUR 1.4 per share, representing a DY of 7.5%.

However, we note that the ex-date is set for 16 April 2024 instead of the initially proposed 17 April 2024, as that will be a non-working day in Croatia due to the elections. The record date is set for 18 April 2022, and the payment date is set for 13 May 2024. Below we provide you with the historical overview of the dividend per share and dividend yield movements.

ZABA dividend per share (EUR) & dividend yield (%) (2012 – 2024)

Source: ZABA, InterCapital Research

Category : Flash News

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