OMV Petrom distributes a gross dividend of RON 0.0270 per share due to the net earnings it gained last year. The management of OMV Petrom (SNP) convened the Ordinary General Meeting of Shareholders for April 19, high on the agenda being the distribution of shareholders’ cuts in the net profit obtained in 2018, according to Profit.ro.

The proposed gross dividend is 0.0270 lei/ share, and the publication of the report one hour before the end of the trading session on the Bucharest Stock Exchange has led to a final rally on the titles of the most important Romanian oil company, which led to a closure of them by 2.01% above the reference on Thursday.

At the last price of 0.3560 lei / share, the net dividend yield with the payment date for June 13 is 7.21%.