Shareholders approved the distribution of a gross dividend of RON1.79/share, which carries a 5.5% at current trading prices. The dividend consists of RON1.63/share from the 2020 profit and RON0.16/share from retained earnings
Payment date was set for June 30.
The Romanian state, which owns 70% of Romgaz, would be entitled to dividends totaling RON483 million.
Romgaz reported a net profit of RON1.25 billion and a turnover of RON4 billion in 2020. It has a stock market capitalization of RON12.6 billion.