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 published its OGSM call, which included the distribution of the profit proposal. According to the call, Hidroelectrica proposed RON 6.29bn to be paid out in the form of dividends, from the 2023 net profit. This would imply a payout ratio of over 99% of the consolidated net profit for the year. On a per-share basis, this would imply a gross dividend of RON 13.99, and 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.