Considering the current trading price of RON1.31 per share, the dividend yield reaches 6.1%, according to ZF calculations based on the general meeting of shareholders of March 6, 2020.
“The Board of Directors proposes the distribution of the net profit for the financial year 2019 in the amount of RON1.958.209 as follows: legal reserve of 2019 – RON114.933, dividends -RON1.724.244, other reserves – RON119.032,” the company said in a stock market report.
The company has a market value of RON28.2 million. It is 30% owned by the Victoria Bermas Association, 20.8% owned by employee association PAS Bermas, 13.6% held by Vivat Construct, while the remaining shares are distributed among stock market investors.
BRM shares have been trading down 11.49% since the start of 2020, amid deals worth RON43,341.
Ursus Breweries, Heineken Romania, URBB and Bergenbier – and two Romanian entrepreneurial companies– Romaqua Group and European Drinks – jointly account for 95% of the local beet production. The remaining 5% is covered by independent brewers such as Albrau Prod din Bacău, Martens Galati, Bermas Suceava, as well as other small brewers.