The cash dividend equals to 85% of the fund’s net profit for 2013, of RON131.1 million. The proposed per share dividend if of RON0.138, up 3% from RON0.134 per share pay out last year.
Wednesday, SIF Muntenia closed up 2.35% at RON0.87 per share.
SIF Muntenia’s shareholders are due to vote on the 2013 net profit allocation on April 14.
SAI Muntenia Invest is 51.01%-owned by investment fund SIF Banat-Crisana (SIF1.RO). (EUR1=RON4.5123)