At the current share price dividend yield would be 5.5%, while the ex-date is 9 June 2020.

Fondul Proprietatea published the resolutions from the GSM in which the shareholders approved the initially proposed dividend distribution. The approved dividend amounts to RON 0.0642 per share corresponding to the 2019 financial year profit. The dividend is 29% lower than the dividend paid out in 2019. At the current share price, this translates to a dividend yield of 5.5%, while when comparing it to the share price a day before the announcement dividend yield is 4.8%.

Note that the ex-date is 9 June 2020, while the payment date will be 1 July 2020.

In the graph below, we are bringing you historical overview of the company’s dividends.

Dividend per Share (RON) & Dividend Yield (%) (2018 – 2020)*

*compared to the share price a day before the dividend proposal