IC Market Espresso 20 Mar 2019

 
Transgaz Proposes RON 21.66 DPS

At the current share price, dividend yield is 6.4%.

Transgaz publshed a document in which they proposed that of the 2018 net profit amounting to RON 495.6m, RON 255m would be paid out as dividends to the shareholders.

This would mean a dividend of RON 21.66 per share. At the current share price that would translate into a dividend yield of 6.4%.  Note that the ex-dividend date was not yet proposed.

In the graphs below, we are bringng you a historic overview of Transgaz’s dividend payout (per share) and dividend yield.

Dividend per Share (2013 -2019) (RON)

Dividend Yield (2013 -2019) (%)

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

Belgrade Airport Approves RSD 1,530.44 DPS

Of the last year’s profit of RSD 53.2bn, RSD 52.9bn will be paid out as dividends to the shareholders.

Belgrade Airport approved the decision on distribution of profit on their Annual General Meeting. Of the last year’s profit of RSD 53.2bn, RSD 52.9bn will be paid out as dividends to the shareholders.

The approved dividend per share is RSD 1,530.44 per share. Note that the record date was 31 December 2018.

As a reminder, the company originally announced 2018 profit amounting to RSD 62.04bn and proposed dividend of RSD 1,778.44 per share. A couple of days later, based on the actions of the majority owner of the company, the Republic of Serbia, a correction of the financial statements of the company for 2018 was made due to the “material error in the calculation of the basis for determining the amount of income tax”.