Overall, the company will distribute RON26 million to investors. The dividend yield is 4.5%, based on a trading price of RON14.4 per one WINE share, as per stock market data. The payment will be made on August 16.
WINE shares have lost 0.3% so far in 2024, but have gained 43% in the last 12 months, triggering a market value of RON577 million for the company. Purcari Wineries is 20%-owned by Amboselt Universal INC.
Purcari had a turnover of RON370 million in 2023, up 22% from 2022, and net profit of RON60 million, up 45% on the year. Its EBITDA grew by 19% on the year to RON98.6 million.