Based on the latest closing prices on the stock market, the yield reaches 11%.
Rompetroll Well Services has a market capitalization of RON109 million and its shares have been trading up 10% since the start of 2020.
Shareholders of Rompetrol Well Services (PTR.RO) have approved in their general meeting a proposal of the company’s minority shareholder KJK Balkan Holding for the distribution of RON12.2 million as dividends, which translates into a gross dividend of RON0.0473 per share.