ZABA proposed a dividend of EUR 1.4 per share. At the closing price on the day before the announcement (27 February 2024) of EUR 18.75 per share, this would amount to a DY of 7.5%.

ZABA’s Management and Supervisory boards proposed to the bank’s General Assembly, whose meeting will be held on 10 April 2024, the decision on payment of dividends to the holders of ZABA-R-A ordinary shares. This payment will be in the amount of EUR 1.4 per share, which would be paid out of the profit realized in 2023.

At the closing price on the day before the announcement (27 February 2024) of EUR 18.75 per share, this would amount to a DY of 7.5%. After the adoption of the decision on the General Assembly, the record date for the dividend payment would be 18 April 2024, while the ex-dividend date is set for 17 April 2024. The proposed payment date would be on 13 May 2024.

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

Source: ZABA, InterCapital Research

*DPS (HRK) for 2012-2022 divided by the medium EUR/HRK exchange rate by the Croatian National Bank for those years