At the share price before the announcement, this would imply a DY of 4%. The ex-date is set for 9 August 2024, while the payment date is set for 3 September 2024.

Yesterday, OMV Petrom held its Ordinary General Assembly Meeting, during which the special dividend proposal was approved. This refers to a EUR 0.03 special dividend. At the share price before the announcement, this would imply a DY of 4%.

The ex-date is set for 9 August 2024, while the payment date is set for 3 September 2024. This represents an additional dividend next to the RON 0.0413 ordinary dividend (with a DY of 5.84%) that was approved this year. Combined, this would mean that RON 0.0713 in total was approved for dividend payment, with a DY of app. 9.8%. Below we provide you with the historical dividend per share and dividend yield of the Company.

OMV Petrom dividend per share (left, RON), and dividend yield (right, %) (2013 – 2024)

Source: OMV Petrom, InterCapital Research