Considering the Romanian State’s holding in IAR Brasov, the former will cash RON11.86 million, according to ZF calculations.
The dividend yield reaches 7.6%, according to ZF calculations based on Tuesday’s trading prices.
The date for the payment of dividends is July 3, 2020.
IAR Brasov has a market value of RON248.2 million and its shares have been trading down 26.1% since the start of 2020, amid deals worth RON6.3 million.