Relative to a trading price of RON82 per share, the yield exceeds 7%, in line with calculations by Ziarul Financiar (ZF) daily based on data from a stock market report.
Shareholders are also expected to approve March 27 as the registration date, March 26 as the ex-date and April 10 as the dividend payment date.
Valued at RON178 million, the company had a net profit of RON11.3 million in H1/2023, down 18% year-over-year. Its revenue grew by 10% to RON40.9 million. Romnav’s share capital is 79.8%-owned by businessman Gheorghe Antistescu.