At the share price before the announcement, this would imply a DY of 3.7%. The ex-date is set for 16 May 2024, while the payment date is set for 6 June 2024.

Last week, Sphera Franchise Group held its GSM, and afterward, the resolutions were published. According to the resolutions, the proposal for the distribution of dividends was approved. Accordingly, a gross dividend of RON 1.05 per share will be distributed to the shareholders. At the share price before the announcement, this would imply a DY of 3.7%.

The ex-date is set for 16 May 2024, while the payment date is set for 6 June 2024. Below we provide you with the historical dividend per share and dividend yield of the Company.

Sphera Franchise Group dividend per share (RON) and dividend yield (%) (2019 – 2024)

Source: Sphera Franchise Group, InterCapital Research