IC Market Espresso 5 Apr 2019

 
Sava Re Proposes EUR 0.95 DPS

At the current share price, dividend yield is 5.6%.

Sava Re published a document in which they proposed a dividend of EUR 14.7m of the 2018 profit (34.23%) to be paid out to their shareholders. This translates into a dividend of EUR 0.95 per share. At the current share price, dividend yield is 5.6%. Note that the ex-dividend date is 12 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 (2014 – 2019) (EUR)
Dividend Yield (2014 – 2019) (%)*

*compared to the share price day before the dividend announcement

Activity on the ZSE in Q1 2019
Trading statistics for Q1 2019 show an average daily turnover of EUR 1m (-25% YoY). Meanwhile, the major index CROBEX ended Q1 at 1,797.81 (+2.8%).

The Zagreb Stock Exchange published their trading statistics for Q1 2019, showing an average daily turnover of EUR 1m. This represents a decrease of 25% YoY.

Of the total traded value traded in the period (excluding block transactions), HT generated 15.8%, followed by Valamar with 13.3%, Adris (preferred shares) with 10.6%, Maistra with 6.1% and Optima Telekom with 5.7%.  These 5 shares generated more than half of the turnover recorded by the entire market.

When observing the total equity market capitalization, it decreased by 3.4% YoY (and increased 2.6% YTD). Ina’s share price remains the biggest influence on the total exchange equity market capitalization, accounting for about 23% of the total value. Next come two Croatian banks – Zagrebacka banka and PBZ with 15% and 11%, respectively. Further, HT holds 10% while Adris group’s regular shares account for 4% of the total market capitalization value.

When compared to the beginning of the year, the main index CROBEX increased by 2.8%, ending at 1,797.81. Meanwhile, CROBEXtr (total return) observed the highest increase of 2.88% of all indexes. On the flip side, CROBEXtransport recorded the highest decrease of 25.6%.

Fondul Proprietatea Approves RON 0.0903 DPS

The dividend yield is 10.6%, compared to the share price a day before the dividend announcement.

Fondul Proprietatea held Extraordinary and Ordinary General Shareholders’ meetings in which they approved a dividend RON 0.0903 DPS, corresponding to the 2018 financial year profit.

This would translate into a dividend yield of 10.6%, which is by 2.5 p.p. higher compared to the last year, when the divided was RON 0.0678 per share.

Note that the ex-dividend date is 7 June 2019.