The dividend yield reaches 7.4% and is calculated based on a share trading price of RON121.2 and a gross dividend of almost RON9 per unit. The payment will be made starting June 25, 2025.
The Romanian State, which is the majority shareholder with an ownership stake of over 80%, will receive dividends in the amount of RON3.2 billion. Pillar II mandatory private pension funds, which own nearly 10% of the company’s share capital, will cash nearly RON400 million.
The company ended 2024 with net profit of RON4.1 billion, down 35% versus 2023, and revenues of RON9.1 billion, down 25% on the year, as per data from its preliminary annual financial report.
The company is valued at RON54 billion after its shares have lost 9.4% over the last year.