IC Market Espresso 14 Apr 2020

Which Regional Companies Proposed a Dividend Payment for 2019?

Here you can find which regional companies have a proposed dividend payment for the year 2019.

The outbreak of Covid-19 and its implications on the regional markets has led to many companies not proposing any dividend payment for the year 2019. Therefore, for today we decided to present you with a list of regional companies which have currently proposed a dividend payment. Note that these proposals could still be amended and are subject to approval at the company’s GSM’s. It is important to note that some companies still have not published any statement’s regarding potential dividend payment, so they are not included in the list below. Also note that the dividend yields were calculated based on the share price a day before the dividend proposal.

CROATIA

INA – proposed HRK 62.27 dividend per share, which translates into a dividend yield of 2.1%. To read more about INA’s dividend proposal click here.
HT – proposed HRK 8 dividend per share, which translates into a dividend yield of 4.9%. To read more about HT’s dividend proposal click here.
Končar D&ST – proposed HRK 37.66 dividend per share, which translates into a dividend yield of 3.9% for both regular and preferred share. To read more about company’s dividend proposal click here.
AD PLASTIK – payed an advanced dividend of HRK 4 per share on 12 March which at the time of the announcement has given a dividend yield of 2.1%. If there will be additional dividend, it will be know upon announcement of proposal to Supervisory Board at a later point.

SLOVENIA

Krka – proposed EUR 4.25 dividend per share, which translates into a dividend yield of 6.1%. To read more about Krka’s dividend proposal click here.
Petrol – proposed EUR 22 dividend per share, which translates into a dividend yield of 7%. To read more about Petrol’s dividend proposal click here.

ROMANIA

Banca Transilvania – proposed RON 0.115 per share, which translates into a dividend yield of 6.4%.
BRD – proposed RON 1.64 per share, which translates into a dividend yield of 13.2%
BVB – proposed RON 0.81 dividend per share, which translates into a dividend yield of 4%. To read more about BVB’s dividend proposal click here.
DIGI – proposed RON 0.65 per share, which translates into a dividend yield of 2.4%.
Electrica – proposed RON 0.7248 per share, which translates into a dividend yield of 7.3%.
Fondul Proprietatea – proposed RON 0.0642 dividend per share, which translates into a dividend yield of 4.8%. To read more about Fondul’s dividend proposal click here.
Nuclearelectrica – proposed RON 1.653 per share, which translates into a dividend yield of 14.5%.
OMV Petrom – proposed RON 0.031 dividend per share, which translates into a dividend yield of 7.3%. To read more about OMV Petrom’s dividend proposal click here.
Transelectrica – proposed RON 0.48 dividend per share, which translates into a dividend yield of 2.8%. To read more about Transelectrica’s dividend proposal click here.
Transgaz- proposed RON 15.3 dividend per share, which translates into a dividend yield of 6.7%. To read more about the company’s dividend proposal click here.
SIF Oltenia – proposed RON 0.1 dividend per share, which translates into a dividend yield of 5.3%. To read more about BVB’s dividend proposal click here.

MedLife Will Launch the Second Real Time PCR laboratory

MedLife announced that they will open the second Real Time PCR laboratory at the beginning of next week, in order to detect the infection with COVID-19.

The new laboratory is located in Sfântu Gheorghe and will contribute to the increase of testing capacity in the center of the country. It has biosecurity circuits, successive spaces with negative pressure and special equipment dedicated to processing tests for the detection of SARS-CoV-2 virus.

The company notes that the laboratory will operate to the highest standards of security, having isolated access circuits and processing flows totally separate from those for the rest of the laboratory samples. According to company representatives, the laboratory will initially process about 100 tests per day, and will gradually reach 200 tests per day, this capacity being dependent on the extension of specialized laboratory personnel.

The company will urgently take measures to open the third COVID 19 testing laboratory. It will initially process about 150 tests per day and will gradually reach up to 300 tests per day. MedLife adds that if the efforts will have the support of the authorities to speed up the operating permit, the company will reach in the next two to three weeks a number of three Real Time PCR laboratories at national level.