At the share price before the announcement, this would amount to a DY of 1.2%. The payment date is set for 30 May 2022.
During the Ordinary General Shareholders Meeting held on 26 April 2022, payment for the 2nd tranche of the dividend was approved. As a reminder, a total of EUR 15.2m would be paid out as dividends for 2021, out of which, EUR 6.6m was already approved in September 2021 and paid in October 2021.
Today’s news refer to the payment of the 2nd tranche of the dividend, in the amount of EUR 8.6m (RON 42.56m) out of which RON 38.3m comes from the Company’s 2021 net profit, while RON 4.2m comes from the undistributed profit from the previous years, which has been approved by the Company’s GSM. This would mean that a gross dividend of RON 0.0165 would be paid out, which at the share price before the announcement, would amount to a DY of 1.2%. The payment date is set for 30 May 2022.
It is also noted that One United Properties’ dividend policy includes the payment of dividends on a semi-annual basis. The GMS also approved the buyback of shares for treasury purposes with a total limit of EUR 2m, at a maximum acquisition price of EUR 0.35 (RON 1.75) per share.
