Croatia's Ericsson Nikola Tesla proposes 15 euro per share dividend

Considering the company's high business results achieved in the previous year, stable financial position and high level of cash, at the meeting held on March 22, Ericsson Nikola Tesla’s supervisory board and managing director made a joint proposal to shareholders at the annual general meeting to adopt a decision regarding the regular dividend payment in the amount of 10 euro per share and extraordinary dividend in the amount of 5.0 euro per share, it said in a filing to the Zagreb bourse.

Last year, the company paid out a divided of 6.0 euro per share.

Ericsson Nikola Tesla's shares traded at 215 euro on Friday afternoon on the ZSE, up 8.31%, bourse data showed.

($ = 0.924 euro)