As a reminder, the shareholders approved at the General Assembly the distributable profit of the entire net profit (99.9%) in the amount of HRK 6.27 per share, representing a dividend yield of 8.83%.

ZABA went ex-date yesterday, which refers to the dividend in the total amount of HRK 6.27 per share. We note that the dividend yield was 8.33% (at the share price a day before the ex-date). The share price decreased yesterday by 6.20%, which is below DY of 8.33%.

As a reminder, the shareholders approved at the General Assembly the distributable profit of the entire net profit.

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)