The gross dividend of RON2.12 per share means a 4.9% yield calculated by Ziarul Financiar (ZF) daily based on the current share trading price at the Bucharest Stock Exchange.
Shareholders are also expected to set the ex-dividend date (June 5), the registration date (June 6) and the payment date (June 26).
Transelectrica registered RON597 million net profit in 2024, up 180% on the year, and RON7.8 billion operating income, 67% higher than in 2023. Expenses (including amortization) rose by 5% to RON1.14 billion.
The company is valued at RON3.2 billion and is 58.7%-owned by the Romanian State. TEL shares have traded 15.3% higher so far in 2025, amid deals worth RON24.5 million, as per stock market data.