Alro is the first issuer on the Bucharest Stock Exchange to approve payment of quarterly dividends.
The company will pay dividends starting January 18 and the corresponding tax on dividends will be retained.
Alro posted a net profit of RON202.86 million for the first nine months of 2018. It will also add RON123 million of undistributed profits from previous years, bringing the amount to be distributed to shareholders to RON326.6 million.
Alro is 84% owned by Russian group Vimetco and 10.2% by investment fund Fondul Proprietatea.