The Board wants the 2021 net profit to go entirely to the company’s shareholders, as dividends, respectively RON0.005 per share, which translates into a dividend yield of 1.3% relative to the current trading prices.
“Approval of the distribution of Company net profit achieved in 2021 amounting RON 1,629,634 as dividends respective 0.005857970 lei gross value/share”, according to the agenda of the shareholders’ meeting due on April 27, 2022.
Shareholders are also expected to approve October 06, 2022 as Registration Date, October 5, 2022 as the “ex-date” and October 25, 2022 as the Payment Day.
Rompetrol Well Services, with a stock market capitalization of RON122 million, is 73% owned by KMG International, the Netherlands-based division of KazMunayGas, the state-owned oil and gas company of Kazakhstan, while ING Luxembourg KJK Balkan Holding SARL holds 10.7% of the share capital, as per stock market data.