Based on a trading price of RON39.8, the dividend translates into a 2.6% yield. Payment should be made on November 7. The record date is October 22 and the ex-date is October 21.
Sphera shareholders had previously approved a RON1.05 gross dividend in April and the company said at the time it planned to allocate a similar dividend in the second half of the year.
Sphera Franchise Group operates such franchises as KFC, Taco Bell and Pizza Hut.
(English version by Loredana Fratila-Cristescu)