At the share price before the announcement, this would imply a DY of 10.9%. The ex-date is set for 7 June 2024, while the payment date is set for 28 June 2024.

Yesterday, Hidroelectrica held its GSM, during which the proposal for the distribution of profit was approved, among other proposals. According to the resolution, RON 6.29bn will be paid in the form of dividends, from the 2023 net profit. This would imply a DY of over 99% on the consolidated net profit basis for the year.

On a per-share basis, this would imply a dividend of RON 13.99, as well as a DY of 10.9% at the share price before the announcement. The ex-date is set for 7 June 2024, while the payment date is set for 28 June 2024.