Banca Transilvania Went Ex-Date

On Friday, Banca Transilvania went ex-date, and as a result, the Company’s shares declined by 4.0%.

The ex-date refers to the approved dividend of RON 1.13, which at the share price before the announcement, would imply a dividend yield of 5.5%.  Friday, 20 October 2023, was the Company’s ex-date, while the payment date is due on 6 November 2023. By the day’s closing, as a result of the ex-date, the share price declined by as much as 4.0%.

Below you can see Banca Transilvania’s historical dividends per share and dividend yields.

Banca Transilvania’s historical dividend per share (RON) and dividend yield (%) (2019 – 2023)

Source: Banca Transilvania, InterCapital Research

Mihael Antolić
Published
Category : Flash News

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