At the share before the announcement, the dividend yield amounted to 1.3%. The ex-date is set for 30 May 2023.
Electrica published an OGSM and EGSM call on the Bucharest Stock Exchange, in which the proposal by the Company’s Board of Directors for the distribution of profit was included. According to the press release, they proposed the distribution of the 2022 profit in the amount of RON 39.9m, which in per-share terms, would imply a dividend of RON 0.1178. At the share price before the announcement, this would imply a DY of 1.3%.
The ex-date for the payment is set for 30 May 2023, while the payment date is set for 23 June 2023. The proposal is subject to approval by the GSM, which will be held on 27 April 2023. Below we provide you with the historical dividends per share, and dividend yields of the Company.
Electrica dividend per share (RON) and dividend yield (%) (2015-2023)
Source: Electrica, InterCapital Research