Per calculations by Ziarul Financiar based on the current trading price, a dividend yield reaches 4.9%. The dividend payout ratio is 48% of the net profit.
The beneficiaries of dividends will be the shareholders that will be included in the shareholders’ registry on August 20, 2021. The payment date will be September 9, 2021 and it will be made in lei.
Shareholders are also expected to approve the financial statements for 2020 financial year, to appoint a financial auditor and to approve a program for the repurchase of a maximum number of 369,156 shares. Shareholders are also expected to extend the right of the Executive Board to issue up to 1 million new shares for 12 more months.
Purcari has a market value of RON518 million. WINE shares have been trading up 21.8% since the beginning of 2021, amid deals worth RON37.2 million, per stock market data.