Thus, the amount of RON583.9 million represents dividends according to the proposition for the distribution of the 2024 profit and the amount of RON20.4 million represents dividends according to the proposition for the distribution of the result carried forward. Dividends will be paid starting July 25, the record date is July 4 and the ex-dividend date is July 3.
The dividend yield is 2.6%, in line with calculations by Ziarul Financiar (ZF) daily.
The company’s shareholders also approved, among others, the financial statements for 2024, the report of the Board of Directors, the reports of the independent auditor PwC for 2024 and the remuneration of the management team.
Romgaz reached RON7.9 billion turnover in 2024, down 12% from 2023, while net profit climbed by 15% to RON3.2 billion amid the elimination of some taxes. Natural gas production estimate for 2024 was 4,962.7 million cubic meters, higher by 174.2 million cubic meters than the production of the previous year (+3.64%).
Romgaz has a market value of RON23.3 billion and is 70%-owned by the Romanian State, through the energy ministry. SNG shares have traded 16% higher so far in 2025, amid deals worth RON261.5 million, as per stock market data.