SIF Oltenia Proposes RON 0.1 DPS

At the current share price dividend yield is 5.3%, while the ex-date is 11 June 2020.

SIF Oltenia published an announcement on the Bucharest Stock Exchange proposing RON 52.2m to be distributed as dividends to their shareholders. This translates into a dividend of RON 0.1 per share, which is 33.3% lower compared to the dividend paid in 2019 (RON 1.5 per share).

At the current share price dividend yield is 5.3%, while the payout ratio is 42%.

Note that the ex-date is 11 June 2020, while the dividend is subject to approval at the GSM which will be held on 28 April 2020.

Dividend per Share (RON) & Dividend Yield (%) (2015 – 2020)*

*compared to the share price a day before the dividend proposal

InterCapital
Published
Category : Flash News

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