Croatia’s Podravka to propose 3.20 euro dividend per share

A proposal for the distribution of the net profit will be published within the designated timeframe as per the relevant regulations, the company stated in a filing to the Zagreb bourse on Friday, providing no further details.

Last year, Podravka paid a dividend of 2.65 euro per share.

On Tuesday morning, shares of Podravka remained unchanged at 160 euro as the Zagreb bourse placed them under monitoring following the announcement of the dividend payment.

On Monday and Friday the bourse was closed due to the Easter holiday.

($ = 0.931 euro)