Yesterday, ADRS decreased by 3.3%, while ADRS2 decreased by 2.5%.

Yesterday, ADRS and ADRS2 went ex-date. Adris’ regular share price decreased by 3.31%, closing at HRK 468 per share, while the preferred share price decreased by 2.53%, closing at HRK 424 per share.

As a reminder, on 29 June, Adris held their GSM where shareholders approved a dividend of HRK 12.5 per share (for both regular and preferred share). Note that, dividend yield for regular shares is 2.67% and dividend yield for preferred shares is 2.97%.

As a reminder, Adris did not pay out a dividend in 2020. However, we note that besides dividends, Adris frequently uses share buyback to return cash back to their shareholders.

In the graphs below, we are bringing you the historical overview of the company’s dividend per share and dividend yield. Note that the yields were calculated based on the closing price the day before the initial dividend proposal.

The value of last week’s taxable invoices in Croatia (5 Jul – 11 Jul 2021) increased by 25% YoY, reaching HRK 5.06bn.

The weekly data issued by the Croatian Tax Administration, a department of the Ministry of Finance stated that the total value of taxable invoices issued last week is up by 3.1% (or HRK 149.8m) compared to the same period in 2019, reaching HRK 5.06bn. Furthermore, the value of invoices is up 25.2% when compared to the same week in 2020.

Increase in taxable invoices in wholesale and retail trade in the same period (5 Jul – 11 Jul 2021) amounted to 13.7%, while compared to the same week in 2019, value of invoices in wholesale and retail trade is up by 5.2%.

Meanwhile, the value of taxable invoices for the accommodation and food services activities increased by 64.7% YoY (HRK +391.6m) to 996.9m. The value of invoices is down by 4.2% (or HRK 43.46m) when comparing them to the same period in 2019, which is actually quite promising considering that 2019 was a pre-pandemic year.