At current share prices, dividend yield stands at 2.9%.
Back in April, Biofarm approved dividends of RON0.01 per share, amounting to RON9.8 million, from the profit made in 2018. The company doubled its dividend allocation on Wednesday.
Biofarm is controlled by regional investment fund SIF Muntenia (SIF4.RO) with 50.9%, SIF Banat-Crisana (SIF1.RO) with 36.7%, and the remaining shares are distributed among various investors on the Bucharest stock market.