The company will be paying a gross dividend of 0.022/share on September 3.
The approved dividends account for 40% of Biofarm’s RON54.3 million profit in 2020.
Biofarm is 51.5% owned by regional investment fund SIF Muntenia (SIF4.RO) and 36.7% held by SIF Banat-Crisana (SIF1.RO).
Shareholders also approved the company’s income and expenses budget for the 2021. Biofarm estimates its turnover will grow 15% in 2021, to over RON250 million.