This means 91% of the profit will go towards dividends and the proposed gross dividend for 2024 is RON0.1767/share, so the dividend yield is 1.4%, ZF calculated based on the current trading price of Electrica’s shares.
The proposed dividend is 50% higher than the one in the previous year, RON0.1178. The proposed record date is June 4, 2025, the ex-date is June 3, 2025, and the payment should start on June 27, 2025.
Electrica posted consolidated net profit of RON363.5 million in 2024, 41.4% lower than in 2023, while operating revenue stood at RON11 billion, 17.8% lower.
Its largest shareholder, 49.8% is the Romanian government via the Energy Ministry.
(English version by Loredana Fratila-Cristescu)