The gross value of dividends amounts to RON40.7 million and is similar to the distribution of April 2024. Dividends will be paid starting November 7, 2024, the ex-dividend date is October 21, and the registration date is October 22.
The dividend yield relative to the current share trading price nears 2.7%, as per calculations by Ziarul Financiar (ZF) daily. SF shares have traded up 53.7% so far in 2024, amid deals worth over RON130 million, in line with stock market data.
In January-June 2024, Sphere Franchise Group doubled its net profit to around RON41 million amid expense control, while sales climbed by 6% to RON740 million, as per the company’s half-yearly financial report.
Sphera Franchise Group is valued by investors at RON1.54 billion and the biggest shareholders are Tatika Investments Limited (28.6%), Computerland Romania (20.5%) and Wellkept Group (17.1%), in line with stock market data.