This is the sixth year in a row when Dacia shareholders get dividends, which amount to an average of 84% of the net profit the carmaker posted in 2009-2014. The total dividends stand at 90% of the RON372 million net profit reported by Dacia in 2014.
“The Managing Board of Automobile Dacia, with the majority of votes, the general meeting approve the distribution of the net profit of the 2014 financial year in amount of RON371.7 million as follows: the legal reserve fund of RON19.9 million, the reinvested profit reserve of RON16 million and the payment of RON335.6 million dividends,” the Official Gazette reads.
The dividends paid to shareholders in 2014 are higher than in 2013, when they stood at RON320.8 million. The company did not pay any dividends in 1998-2004 due to losses and kept the profit in 2005-2008 to offset the accounting losses.
Renault group owns 99.4% in Automobile Dacia, while a number of 145,000 minority shareholders own the remaining 0.57%.
The French government owns 15% in Renault, and the Nissan group owns another 15%. Germany’s Daimler AG holds 3% in Renault and employees 3.06%. More than 62% in the group is listed on the stock market.
(English version by Loredana Fratila-Cristescu)