ZABA proposed a dividend of HRK 6.27 per share. At the closing price on the day before announcement (22 February 2022) of HRK 67.8 per share, this would amount to a DY of 9.25%.
ZABA’s Management and Supervisory boards proposed to the bank’s General Assembly, whose meeting will be held on 6 April 2022, the decision on payment of dividends to the holders of ZABA-R-A ordinary shares. This payment will be in the amount of HRK 6.27 per share, which would be paid out of the profit realized in 2021.
At the closing price on the day before announcement (22 February 2022) of HRK 67.8 per share, this would amount to a DY of 9.25%. Yesterday the share price was up 3.24% and the share closed the day at HRK 70.00. After adoption of decision on the General Assembly, the record date for the dividend payment would be 14 April 2022, while the ex-dividend date is set for 13 April 2022. The proposed payment date would be on 6 May 2022.
As a reminder, the Company did not pay any dividends out of its 2020 profit, following the Croatian National Bank’s decision on 14 January 2021 on the temporary restriction of distributions for all banks that was valid until 1 October 2021.
Dividend per Share (HRK) & Dividend Yield (%) (2012 – 2022)