The gross dividend of RON3.716052 triggers a 7.66% yield, based on the trading price at the Bucharest Stock Exchange, respectively RON48.5 per one SNN share. The actual payment starts on June 21, 2024.
Shareholders also “approved the Investment Decision on the conclusion of the framework agreement for “Project management services, technical assistance, consultancy and staff training, necessary for the preparation and implementation of the Unit 1 Refurbishment Project at the Cernavoda NPP” with a maximum value of 358,919,984.22 CAD (equivalent to 243,616,360.70 Euro), between SNN, as Purchaser and Canadian Nuclear Partners S.A., as Provider”.
Nuclearelectrica reported net profit of RON2.5 billion in 2023, down 10% from 2022, and revenue of RON7.6 billion, down 16% on the year. SNN shares have lost 1.4% so far in 2024, triggering a market capitalization of RON15 billion.