The newly proposed dividend amounts to RON 37.89 per share. At the current share price, the dividend yield is 17.6%.

Transgaz published a document in which they state that their majority shareholder, The Romanian State, proposed an additional dividend payout. The state proposed a 90% payout ratio of the net profit in 2018, which would translate into a dividend of RON 37.89 per share. As a reminder, the initially proposed dividend was RON 21.66 per share. Consequently, the total dividend would amount to RON 59.55 per share. At the current share price, the dividend yield is 17.6%.

Note that the ex-dividend date is 24 June 2019.

In the graphs below, we are bringing you a historic overview of the company’s dividend per share and dividend yield. Note that this would be the highest dividend yield, in the observed period.