At the share price before the announcement, this would imply a DY of 1.38%. The ex-date is set for 3 June 2025, while the payment date is set for 27 June 2025.

Yesterday, Electrica published its OGSM convocation notice, which included the proposal for the distribution of 2024 profit in the form of dividends. According to the notice, RON 60m would be distributed in the form of dividends, which on a per-share basis would imply a gross dividend of RON 0.1767 DPS. This DPS implies a 50% YoY upside from last year’s 0,1178.

Furthermore, at the share price before the announcement, this would imply a DY of 1.38%. The proposal is subject to approval by the OGSM, which will be held on 29 April 2024. The ex-date is set for 3 June 2025, while the payment date is set for 27 June 2025.

Electrica dividends per share (RON) and dividend yield (%) (2015 – 2025)

Source: Electrica, InterCapital Research