Elana Agrocredit calls AGM; Shareholders to vote on DPS of BGN 0.0729 (NEUTRAL)
05.03.2024
Source: Elana Agrocredit; FFBH
Elana Agrocredit called AGM on 2 April. The agenda includes a proposal for the distribution of BGN 2.7m as dividends, which translates into DPS of BGN 0.0729 (-0.4% YoY). This implies a payout ratio of 98.1% and a dividend yield of 6.8%, calculated using the last closing price of BGN 1.07.