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Indicator Analysis: Inflation moves surprisingly back to CNB target

10/07/2024 15:52

Czech inflation fell surprisingly sharply to 2.0% yoy in June from 2.6% yoy in May. Both our forecast (2.5% yoy) and the market consensus (2.4% yoy) pointed to only a slight slowdown in consumer price growth. Like the market, the central bank had estimated 2.4% yoy in its forecast published at the beginning of May.

Autor: Martin Gürtler Show more

Latest comment from the equity market

Company notes: Kofola: Ex-dividend date

09/07/2024 08:49

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).

Dividend payments will commence on August 9, 2024.

Autor: Bohumil Trampota Show more