Komercijalna banka approved dividend payment to regular shares shareholders

Source: eKapija Tuesday, 09.06.2015. 14:31
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At the regular shareholders’ assembly of Komercijalna banka held June 4, the last year’s bank financial report was adopted and decision on dividend distribution was made.

Total profit 2014 and undistributed dividend in the previous days totaling RSD 6,76 billion, as "Wisebroker" reports, will be distributed as follows: to holders of common shares - RSD 1,93 billion, priority shares shareholders– 28,69 m, award for management and employees – 347 m and RSD 4,3 billion for bank reserves.

As it was outlined in the decision, dividend for ordinary shares will be paid in two parts: the first one totaling RSD 483,5 m immediately after adoption of the decision and the second totaling 1,45 billion after the completion of special diagnostic research of banks as initiated by IMF but no later than December 31 current year.

If full dividend is paid, holders of regular shares will get gross dividend of RSD 115 per share which gives gross dividend yield of 6,2% on current price of RSD 1.845 while owners of priority shares will get RSD 76,8 per share (dividend yield of 6,1%).

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