At the current share price dividend yield is 8.2%

Zagrebačka Banka (ZABA) published a Convocation to the GSM in which the Management and Supervisory Board proposed HRK 1.55bn to be distributed as dividends, translating into a payout ratio of 88%.

Such a dividend proposal translates to a dividend payment of HRK 4.83 per share, which is HRK 0.96 per share lower compared to the previous year. At the current share price dividend yield is 8.2%.

Note that the ex-date is 15 April 2020, while payment date is 6 June 2020.

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

Dividend per Share (HRK) & Dividend Yield (%) (2012 – 2020)

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