On November 6, 2023, the Cluj-based bank will distribute RON1.13/share gross dividend, which at the current trading price of RON22.2 translates into a 5% yield, according to Ziarul Financiar’s calculations. The ex-date was set for October 20 and the record date for October 23.
About RON234 million will go to the Pillar II private pension funds as dividends, since they own 26% in the lender.
(English version by Loredana Fratila-Cristescu)