Today (Tuesday, July 9, 2024) is the first trading day for Kofola shares without the right to receive a dividend from last year's profits. The price of the share on the ex-dividend day is expected to fall by the amount of the net dividend.

Kofola's shareholders approved the proposal of the Board of Directors to pay a dividend of CZK13.50 per share at the Annual General Meeting on June 28. The dividend is the same as in the previous year. The dividend represents a gross yield of +4.5%.

The record date for its payment is July 10, 2024. With a standard T+2 settlement, this means that Kofola will trade ex-dividend today (Tuesday, July 9).