The dividend yield reaches 4%, according to ZF calculations based on the current trading prices.

The proposal for the date of payment of dividends is June 23, 2020.

The company, which has a RON487 million market capitalization, is 71.3% owned by Iarom Bucuresti, 15% held by regional investment fund SIF Moldova (SIF2.RO) and the remaining shares are distributed among other stock market investors.

Aerostar shares have been trading down 40.2%, amid deals worth RON699,000, after the aviation industry plunged 42% over the last month, amid the coronavirus crisis.

Aerostar Bacau, which has some 2,000 employees, ended 2019 with a turnover of RON399 million, up 13% on the year, and a net profit of RON66 million, down 17.4% on the year.