At the current share price, dividend yield is 2.65%. Ex-date is 23 June 2021.
Atlantic published the convocation to the GSM in which the Management and Supervisory Board propose a dividend payment of HRK 40 per share. Such a dividend is by HRK 15 per share higher than the one paid in 2020. The dividend would be paid from the retained earning from the year 2019 as well as from the part of the profit of the Company from 2020.
At the current share price, dividend yield is 2.65%, while ex-dividend date is 23 June 2021, while payment date is 7 July 2021.
In the graph below, we are bringing you the company’s historical dividend per share and dividend yield.
Dividend per Share (HRK) and Dividend Yield (%) (2013 – 2021)
In April, CROBEX increased by 1.14%, ending the month at 1,893.51 points
The downward trend of trading on the ZSE continued in April as well. The ZSE recorded total equity turnover of EUR 15.1m (HRK 113.7m) which is a drop of 55.6% in comparison to April 2020. This translates into daily average of EUR 0.7m (HRK 5.4m) which is, looking YoY, down by 59%.
Out of total value traded (excluding block transactions) in April, HT contributed the most and generated 11.9% of total equity traded on the ZSE. Following HT are Atlantska Plovidba and Adris preferred accounting 10.8% and 7.2%, respectively. On fourth place came Podravka with 6.9%, while Valamar Riviera had 6.8% of total value traded.
Among the CROBEX constituents, Atlantska Plovidba was the absolute winner in April with a share price increase of 39.2%. Končar and ZABA also note a very solid increase of 5.1%, respectively.
On the flip side, Arena Hospitality noted the highest share price decrease of 5.5%, closing the month at HRK 308 per share.
Important to mention is that CROBEX index reached the high of 1,900 points in April, first time in last 14 months, continuing its positive sentiment. Despite that, it ended April at 1,893.51 points, 1.14% higher than in March.
The procedure relates to the violation on 19 March 2009 against Mobite and continued the procedure against Telekom Slovenije as its legal successor.
Telekom Slovenije published an announcement on the Ljubljana Stock Exchange stating that they have received the decision of the Slovenian Competition Protection Agency (AVK) with which the procedure of establishing a violation of Article 9 of the Prevention of Restriction of Competition Act and Article 102 of the Treaty on the Functioning of the European Union has been stopped.
AVK launched the procedure of establishing the violation on 19 March 2009 against Mobite and continued the procedure against Telekom Slovenije as its legal successor. AVK launched the procedure following a report from Tušmobil (now Telemach) because of alleged abuse of dominant position on the retail market for mobile telephone services by leading a pricing policy of indirectly or directly setting unfair retail prices of its Itak Džabest price plan.
On 13 February 2012, AVK issued a decision, determining that Telekom Slovenije did violate Article 9 and Article 102, by offering the retail price plan Itak Džabest at unfair prices between November 2008 and July 2010, as the incremental revenue was lower than the incremental costs.
Telekom Slovenije lodged a lawsuit at the Supreme Court of the Republic of Slovenia against the decision and on 26 November 2013 it ruled in favor of Telekom Slovenije, returning AVK’s decision back to AVK for a new procedure with the instruction that it should review and rule on the evidence Telekom Slovenije, presented, and rule whether this issue really does have a sufficient level of harm to competition.
Based on this, AVK issued a decision on 22 April 2021 on stopping the procedure with the explanation that it did not manage to obtain evidence on the existence of a predatory exclusionary strategy of Telekom Slovenije in the repeated procedure.