Given the economic circumstances caused by the Covid-19 pandemic, the company will focus on maintaining liquidity and reducing its costs. Therefore, the Supervisory Board considers that this year it would be justified not to pay the dividend.  

Adris held a Supervisory Board meeting yesterday in which the Board announced that they will refrain from paying a dividend this year (for the year 2019), meaning that they will not suggest a dividend payment to the GSM.

Given the economic circumstances in Croatia and in the world, caused by the Covid-19 pandemic, the company will focus on maintaining liquidity and reducing its costs. Therefore, the Supervisory Board considers that this year it would be justified not to pay the dividend.  

Note that the Supervisory Board accepted the Management Board’s proposal to convene the GSM when the circumstances of the epidemiological situation so permit, and certainly within a legal deadline.

In the graphs below, we are bringing you a historical overview of the company’s dividend per share and dividend yield for both regular and preferred share.

On 28 April 2020 (today), one of their main customers, Revoz from Slovenia, will continue its business operations.

Ad Plastik published an announcement regarding the impact of Covid-19 on their operations. On 28 April 2020 (today), one of their main customers, Revoz from Slovenia, will continue its business operations.

Production in Revoz will take place in one shift for the first week, and capacities of our factories in Croatia will adapt accordingly. Hella also started its business operations, and Renault Russia and Volkswagen as of today have continued its production in Russia. All customers will initially be working with reduced capacities.

To read more about AD Plastik click here.

At the current share price, dividend yield is 10.7%. Ex-date is 15 June 2020.

Nuclearelectrica published their resolutions of the GSM, in which the proposal of the Board of Directors regarding the distribution of the net profit for the financial year 2019 was approved. To be specific, the shareholders approved the dividend in amount of RON 498.42m, which translates into a dividend of RON 1.65306 per share. At the current share price, dividend yield is 10.7%. Note that the ex-date is 15 June 2020, while the payment date is 25 June 2020.

In the graphs below, we are bringing you a historic overview of the company’s dividend per share and dividend yield.

At the current share price, dividend yield is 10.1%. Ex-date is 13 May 2020.

OVM Petrom published their resolutions from the GSM in which the shareholders approved the Executive Board’s proposal regarding the allocation of the profits. The shareholders approved the dividend of RON 0.031 per share, which implies a dividend yield of 10.1%. Note that such a dividend is 15% higher compared to the one paid in 2019.

The ex-date is 13 May 2020, while the payment date is 5 June 2020.

In the graphs below, we are bringing you an overview of OMV Petrom’s historic dividend payout and dividend yield.

Dividend per Share (RON) and Dividend Yield (%) (2013 – 2020)