Transport Trade Services Proposes RON 0.155 DPS

Transport Trade Services proposed RON 0.155 DPS, implying a DY of 3.82%.

The Board of Directors proposed distributing RON 27.9m from the 2024 net profit, implying a payout ratio of 45.0% of the preliminary individual net profit, which stands at RON 62.0m. Apart from dividends, the Board allocated RON 3.5m to legal reserves and RON 0.9m to reserves related to reinvested profit. The remainder, approximately RON 29.7m, will be retained as undistributed earnings to support future growth initiatives or strengthen the Company’s financial flexibility.

As per the last price before the announcement, this implies a DY of 3.82%. The ex-date is set for May 23, and the payment date is June 16.

InterCapital
Published
Category : Flash News

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