The proposal represents 84.5% of the company’s 2023 net profit.
Millenium Insurance proposes a gross dividend of RON1.1 per share, which, relative to the current trading prices of RON15.7 per share, means a gross yield of 7.1%.
MIB has a market capitalization of RON32.5 million. Its shares have gained 1.3% so far in 2024, amid deals worth RON2.1 million.
Autonom Services is controlled by Stefan brothers.