At the closing price before the announcement, this would amount to a DY of 7.4%. Ex-date is set for May 12, 2022.
Executive Board of OMV Petrom proposed the distribution of dividends for the financial year 2021. The proposed dividend amounts to RON 0.0341 per share, translating into a DY of 7.4% at the closing price before the dividend announcement.
This dividend is subject to approval by the OGSM, which would be held on 27/28 April 2022. The dividend implies a 10% YoY increase, at the high end of the 5-10% range stated in the dividend guidance, published in its 2030 strategy.
The record date for the dividend is set for 13 May 2022, the ex-date is set for 12 May 2022, while the proposed payment date is set for 6 June 2022.
OMV Petrom dividend per share (RON) and dividend yield (%)