Shareholders decided on April 27, 2022 the granting of dividends in the amount of RON47.5 million (the equivalent of almost EUR10 million), as per data from the company’s half-year report.
The gross value of a dividend is RON0.1709/share. Thus, the dividend yield reaches 23%, as calculated based on the closing price of yesterday’s trading session, i.e. RON0.72 per share.
The payment will be made to all shareholders registered in the Shareholders Registry at the registration date October 6, 2022 (Registration Date). The Ex- Date approved by the Ordinary General Meeting of Shareholders is October 5, 2022. The period of the dividend payment is October 25, 2022 and October 25, 2025, the last day of payment.
KMG International holds 73% of the shares of Rompetrol Well Services, while ING Luxembourg Balkan Holding owns a 10.7% stake, with the remainder being distributed to other shareholders.
Rompetrol Well Services has a market value of RON235 million, as per stock market data.