TTS will pay investors a gross dividend of RON1.14 per share, which means a 4.26% yield, based on the current trading prices of RON26.75 per share, in line with calculations by Ziarul Financiar (ZF) daily. The company distributes half of its 2023 profit.
“Approval of May 24, 2024 as the ex-date, May 27 as the registration date, and June 17 as the payment date”, as per the shareholders’ decision.
TTS has a market value of RON1.6 billion. Its shares have lost 1% so far in 2024, but have gained 105% in the last 12 months, in line with stock market data.