Transelectrica will remunerate its shareholders with a dividend yield of 2.7%, according to ZF calculations based on the current trading prices of RON17.5 per share.
“Regarding item 18 on the agenda, with the vote ‘for’ of the shareholders representing 100% of the total valid casted votes, the date of June 25, 2020 is set as the ‘payment date’ of the dividends distributed from the retained earnings on balance as of 31.12.2019”, the announcement reads.
Transelectrica, 58.6% held by the Romanian State, has a market value of RON1.3 billion and its shares have been falling 11% since the start of 2020.