The SIF announced mid-February that its net profit tripled in 2011, to RON207.72 million from RON66.91 million, after selling its stake in lender BCR to Austrian Erste Group Bank (EBS.RO).
Thus, the overall value of dividend paid would reach RON186.97 million, representing 90% of last year’s profit.
The proposition will be analyzed by shareholders on April 26. Another item on the meeting agenda will be the presentation of the budget for 2012.
SIF Transilvania shares closed down 1.97% Friday, to RON0.695. (EUR1=RON4.3493)