At the current share price, dividend yield is 2.6%.
Kraš published a document in which they proposed HRK 14.9m to be paid out as a dividend to their shareholders, which translates into a dividend of HRK 10 per share. The dividend will be paid out from the company’s 2018 net profit, which amounted to HRK 40.2m.
At the current share price, dividend yield is 2.6%. Note that the ex-dividend date is 5 June 2019.
In the graphs below, we are bringing you a historic overview of the company’s dividend per share and dividend yield.
Dividend Per Share (2015 – 2019) (HRK)
Dividend Yield (2015 – 2019) (%)*
*compared to the share price day before the dividend announcement
Fondul reported a total NAV of RON 10.17bn (EUR 2.14bn) (+3.4% YoY) which translates into a NAV per share of RON 1.4190 (+7% YoY). Share price, as of 15 April amounts to RON 0.948 (-2.3% YoY).
As Fondul Proprietatea published their NAV as of 29 March 2019, we are bringing you it’s short overview.
According to the latest NAV report, Fondul reported a total NAV of RON 10.17bn (EUR 2.14bn), which translates into a NAV per share of RON 1.4190. When comparing it to the same period last year, their NAV increased by 3.4%, while NAV per share increased by 7%. Meanwhile, when comparing MoM, Fondul’s NAV increased by 1%, while their NAV per share increased by 1.2%.
Fondul Share Price & NAV per Share (2016 – 15.4.2019)
Next, when observing the portfolio structure, it remains traditionally oriented towards the power, oil and gas sectors, whereby the two largest holdings, Hidroelectrica and OMV Petrom account for 58.8% of the total NAV.
Furthermore, when compared to the same period last year, the Fund reduced their listed equities (-2.1 p.p.), while they increased their exposure to unlisted equities (+0.11 p.p.), which account now for 69.7% of the total NAV. Net cash & receivables increased by 1.95 p.p., accounting for 4.88% of the total NAV.
Fondul Price To NAV Discount (2016 – 15.4.2019) (%)
Turning our attention towards the share’s price performance, as of 15 April, the share price amounted to RON 0.948, marking a 2.3% decrease YoY. The discount to NAV per share increased by 6.3 p.p. YoY and currently stands at 33.2%.