Relative to the current trading price, of RON1.87 per share, the yield reaches 9.6%. Dividends shall be paid from the net profit recorded in 2022, as per a stock market report.
The Board proposed May 10 as the actual dividend payment date.
Shareholders are also expected to approve the company’s budget of revenue and expenditure and its 2023 investment program.
Comelf’s profit neared RON4.1 million in 2022, down 3% on the year, is turnover grew by 21.5% to RON172.6 million and its expenses stood at RON182.2 million, up 23% from 2021.
Comelf shares have gained 1.6% in the last 12 months, amid deals worth almost RON100,000. The company has a market capitalization of RON42 million and is 81% held by Uzinsider Bucuresti.