The proposal for a gross dividend of RON0.217 per unit translates into a 14% yield, calculated based on the market price of one CAOR share, respectively RON1.55. The dividend payout is expected on June 4, as per stock market data.
SIF Hoteluri’s net profit plunged 95% on the year to RON8.6 million in 2024, while operating revenues plummeted 81% on the year to RON3.1 million.
Lion Capital owns 99% of the total CAOR shares, which have traded 21% lower over the last 12 months. SIF Hoteluri is valued at nearly RON50 million.