The value of the gross dividend, proposed by the Board of Directors, corresponding to one share, is RON0.12.
The company seeks to distribute the amount of RON18.3 million as dividends, per calculations by Ziarul Financiar (ZF). The dividend yield is 2.9%, per ZF calculations based on the current trading price of a share.
Aerostar ended 2020 with a net profit of RON38.44 million, down 41.7% on the year, and a turnover of RON294.8 million, down 26.1% on the year, per its preliminary financial report.
Aerostar Bacau, with a market value of RON630.4 million, is 71.4% owned by Iarom Bucuresti and 15% held by regional investment fund SIF Moldova (SIF2.RO).
ARS shares have been trading down 1.9% since the beginning of 2021, amid deals worth RON649.273.