Thus, the shareholders of the third largest bank on the local market by assets decided the distribution of total dividends worth RON642.96 million, respectively a gross dividend of RON0.9226 per unit.
Based on Thursday’s price of RON17.64 per share, the dividend implies a 5.23% return. The payment is due on January 26. The ex-date term is January 5 and the registration data January 8.
The bank is valued at RON12.3 billion, after its shares have added 36.5% in 2023.
In the first nine months of 2023, BRD SocGen had a net banking income of RON2.83 billion at group level, up 11.4% from the year-earlier period, and RON1.22 billion net profit, 20.8% higher, leading to a 20.9% ROE, against 16.7% on September 30, 2022.
(English version by Catalina Apostoiu)