According to the board proposal that will be discussed by the company’s shareholders on April 29, the gross dividend was set at 0.3 lei (EUR0.07) per share, compared with RON1.21 per share last year.
The Romanian Energy Ministry holds a 82.5% stake in Nuclearelectrica, whose shares down 0.2% at RON7.53 in Bucharest Friday.
The total amount to be distributed as dividends reaches RON90.4 million, or 71% of last year’s profit. For 2014, Nuclearelectrica reported a net profit of RON133 million, down from RON423 million in the previous year.
Nuclearelectrica operates Romania’s sole nuclear power plant in Cernavoda, which ensures around 20% of the country’s electricity consumption.