At the current share price dividend yield would be 4.8%, while the ex-date is 9 June 2020.
Fondul Proprietatea published the Convocation to the GSM which will be held on 28 April 2020. In the convocation, the company proposed the approval of a dividend of of RON 0.0642 per share corresponding to the 2019 financial year profit. The proposed dividend is 29% lower than the dividend paid out in 2019. At the current share price, this translates to a dividend yield of 4.8%.
Note that the ex-date is 9 June 2020, while the payment date will be 1 July 2020.
The dividend is subject to approval at the GSM.
In the graph below, we are bringing you historical overview of the company’s dividends.
Dividend per Share (RON) & Dividend Yield (%) (2018 – 2020)