The payment date is June 17th and the ex-date term if May 24th.
“The 2021 dividend proposal translates into a 10.2% increase of total gross dividend against 2020 total gross dividend and is in line with the company’s dividend policy,” reads the board’s late March proposal.
The 2021 net profit worth RON32.6 million is distributed as follows: RON45,591 as “other reserves: constituted for the profit reinvested in the acquisition of technological equipment, RON17.8 million under the form of dividends and RON14.7 million distributed as other reserves for investments.
In 2022, TTS shares have gone up by 12%. The company’s capitalization revolves around RON585 million.
(English version by Catalina Apostoiu)