Thus, the total amount expected to be distributed to investors is RON382 million.
On the Bucharest capital market, the average dividend yield stands at 8%, the biggest in the world.
Alro has a market capitalization of RON2.41 billion (EUR523 million) after its shares have increased by 133% over the past year, following deals worth RON26.71 million.
Alro is subsidiary of Vimetco N.V., a global, vertically-integrated primary and processed aluminum producer, which owns an 84.1% stake, while Romanian investment fund Fondul Proprietatea (FP.RO) holds 10.2% of Alro shares.