The company’s inclusion was decided by the global index provider following the quarterly review announced on February 18 and validates Sphera as an important player on the capital market, which has manged to fulfil the exigent liquidity and performance criteria.
FTSE Global Micro Cap Index includes global micro-cap stocks, and it is suitable as the basis for investment products, such as funds, derivatives, and exchange-traded funds. Inclusion in the FTSE index has been part of Sphera Franchise Groups’ strategy to increase the visibility of the Group on an international arena as well as improve the daily liquidity of the stock.
Sphera Franchise Group ended 2021 with consolidated sales of over RON1 billion, up 41% from 2020.
In 2022, the company will pay out dividends in the total amount of RON35 million from the undistributed profit of 2020, which translates into a gross dividend of RON0.9021 per share. Relative to the trading price on Monday (March 21), the dividend yield is 5.8%, in line with calculations by Ziarul Financiar (ZF) daily. The dividend payment date was set for May 30, 2022, company data shows.