At the share price before the announcement, this would amount to a DY of 7.1%. The ex-date is set for 16 May 2024.

On Friday, BRD published its OGSM notice, with the meeting being held on 25 April 2024. Inside the notice, they also proposed the distribution of 2023 profit, in the amount of RON 980.5m. This represents 60% of 2023 net profit, and on a per-share basis, would imply a gross dividend of RON 1.4070 per share. At the share price before the announcement, this would amount to a DY of 7.1%.

The ex-date is set for 16 May 2024, while the payment date is set for June 6 2024. Below we provide you with the historical dividends per share and dividend yields of the Bank.

BRD dividends per share (RON) and dividend yields (%) (2016 – 2024)

Source: BRD, InterCapital Research