Relative to the current trading prices, the dividend yield reaches 9.2%, in line with calculations by Ziarul Financiar (ZF) daily.
“In compliance with item 5 on the OGMS agenda, the proposal of the Board of Directors regarding the distribution of the net profit for the financial year 2022 was approved, namely: the total value of the gross dividends in amount of 1.283.215.656 lei, the gross dividend value per share in amount of 4,25407469 lei, the payment date, namely June 23, 2023 and of the methods of payment. SNN will issue for the information of its shareholders a press release regarding the payment of dividends for 2021, 30 days prior to the payment date,” the company said in a stock market on Wednesday (April 26).
SNN shares have gained 15% over the last six months, amid deals worth RON169 million, ensuring the company a market capitalization of RON13.8 million.