Romgaz’s shareholders agree to 5.5% dividend yield this year

The shareholders of Romanian state-controlled gas producer Romgaz (SNG) approved the distribution of RON 690 million (EUR 140 mln) as dividends, an amount financed from last year's profit and the retained earnings account, according to a company's note to investors.   The dividend payout ratio is not much higher than 50%, which leaves resources in the company's reserves account in the view of ambitious investments related ...

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