Relative to the current trading price and the dividend proposed by the Board of Directors, the yield reaches 10.5%.
Alumil, with a market value of RON60 million, is 56%-owned by Alumil SA Kilkis, and 24% held by Michail Sotiriou. Its shares have gained 14.3% over the last year, amid deals worth RON7 million, as per stock market data.
The company ended 2022 with revenue of RON109 million, up 20% year-over-year, and a net profit of RON6.4 million, up 6.66% on the year. Sales cost stood at RON76 million versus RON60 million in 2021.