Relative to Friday’s trading price, the dividend yield is 2.33%, in line with calculations by Ziarul Financiar (ZF) daily.
Shareholders are also expected to approve the date of September 13, 2022 as the registration date and the date of October 3, 2022 as the payment date.
The company has a stock market capitalization of RON216 million. It is 75% owned by regional investment fund SIF Banat-Crisana (SIF1.RO), while Paval Holding, the investment vehicle of Paval brothers, the owners of do-it-yourself retailer Dedeman, owns 17%.