The proposal will be put up for vote at the Ordinary General Meeting of Shareholders slated for April 28, 2025. Based on a market trading price of RON0.564 per share, the dividend yield reaches 6.5%.
“The registration date proposed for establishing the shareholders who will benefit from dividends is July 4, 2025, the proposed Ex-Date is July 3, 2025, and the proposed Payment Date is July 22, 2025,” as per a report published at the Bucharest Stock Exchange.
Rompetrol Well Services is valued at RON158 million after its shares have traded 14% lower over the last year. It is 73%-owned by Kazak group KMG International and 10.7% by ING Luxembourg KJK Balkan Holding.
The company registered RON10.3 million net profit in 2024, 12.6% below the 2023 level. At RON13 million, EBITDA dropped by 22.7% from 2023, while operating revenue went up by 4.8% to RON77 million. Operating expenses climbed by 9% to RON68.4 million.