The Cluj-based bank wants to grant a gross dividend of RON1.252 per share, which at current trading prices of RON27.68 per share means a yield of 4.5%, according to calculations made by Ziarul Financiar.
Shareholders – including Pillar II private pension funds, alternative funds, EBRD – are also called to approve the increase in share capital. The same ZF calculations show that the bank wants to compensate its shareholders with 14.8 bonus shares for every 100 held.
(English version by Loredana Fratila-Cristescu)