Shareholders will be cashing dividends in the amount of RON3 million. The gross dividend per share reaches RON0.3, resulting in a nearly 8% yield, relative to the current trading price of RON3.8, in line with calculations by Ziarul Financiar (ZF) daily based on data from an Ordinary General Meeting of Shareholders.
Shareholders approved May 17 as the registration date and May 16 as the ex-date. The dividend payment date is set for June 9.
AAG shares have been trading up 12% over the last 12 months, amid deals worth RON3.3 million. With a market value of almost RON40 million, the company is 55% held by AAGES Head Invest Sangeorgiu.