One United Properties Approves RON 0.01 DPS

At the share price before the announcement, the DY would amount to 1.17%. The ex-date is set for 11 May 2023.

Yesterday, One United Properties OGSM and EGSM were held. At the OGSM meeting, the dividend proposal has been approved. According to the proposal, RON 37m shall be paid out in the form of dividends, which on a DPS basis would imply a gross dividend of RON 0.01 DPS. This would also mean that the payout ratio stood at 7.4%.

This is in line with the Company’s policy of paying out dividends on a semi-annual basis, the first tranche being approved after the OGSM meeting in September, and the 2nd tranche being approved after April’s OGSM meeting. As such, this dividend payment represents the 2nd tranche, as both the dividends are distributed from the FY 2022 net profit.

Furthermore, the ex-date is set for 11 May 2023, while the payment date is set for 30 May 2023.

Below we provide you with a historical overview of the Company’s dividends per share and dividend yields.

One United Properties dividend per share (RON) and dividend yield (%) (2021 – 2023)

Source: One United Properties, InterCapital Research

Category : Flash News

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