Romanian gas transporter proposes 51% dividend payout ratio

The management of Romania’s state-controlled company Transgaz, the operator of the natural gas transport network, proposed RON 255 million (EUR 54 million) dividends to its shareholders from last year’s net profit. The company recorded a net income of RON 496 million (EUR 106 million) and proposed a 51% dividend payout ratio. The gross dividend yield, for the current price of the company’s shares, would be ...

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