Considering a gross dividend of RON0.004 per share, the yield reaches 3.7%, calculated by Ziarul Financiar based on the current trading prices. The registration date was set for October 4, 2019, and October 24 was set as the payment date.
The company ended 2017 with a net profit of RON4.7 million, down 2% from 2016, and a total turnover of RON197.9 million, up 9% year-over-year. Of the net result, RON3.07 million was distributed as a result carried forward and the Board of Directors is to decide on the possibility of distributing as dividends a part of the result left undistributed.
Romcarbon Buzau, with 924 employees on December 31, 2018, is 32.8% owned by Living Plastic Industry Buzau and 20.5% held by Cyprus-based Joyful River Limited.
ROCE shares have been trading down 6.5% since the beginning of 2019, amid deals worth RON2.9 million.
The company has a market capitalization of RON28.3 million.