Depending on the calculated size of the (current and expected) cash flow, Ordina pays out 40-60% of its net profit in a financial year in dividend. Besides safeguarding the company's continuity, payment depends on these conditions:
minimum 35% solvency over the past year;
historical net debt/EBITDA ratio for Q3 and Q4 last: under 1.25;
future net debt/EBITDA ratio for Q1 and Q2 next: under 1.25 after dividend payout
2020
Net profit: EUR 22,290,000
Total dividends distributed (incl. dividend tax): EUR 22,290,000 (100%)
Dividend per share: EUR 0.239
Dividend policy: 40% – 60% (EPS, under conditions)