Considering the current trading prices of Thursday, a dividend yield reaches 5.3%, according to ZF calculations.
The fund reported a net profit of RON124.1 million in 2019, which means that 42% of the net result is proposed for distribution to shareholders as dividends.
Also, the amount of RON71.9 million, or 57.9% of the net profit, is proposed at other reserves (own financing sources), especially for the unfolding of a program to buy back 22.1 million own shares in order to reduce the share capital.
The proposal for the date of payment of dividends is July 1, 2020.
SIF5 shares have been trading down 25.8%, amid deals worth RON51 million, securing the fund a market capitalization of RON1.1 billion.