Turism Felix shareholders have approved the allocation of nearly 4.3 million RON as dividends from last year’s profit.
The unit dividend of 0.0087 RON equates to a gross yield of 2.9%. The registration date, which defines the shareholders eligible for dividends, is September 8, while the payment date is September 28, according to the GSM resolutions.
In addition to dividends, out of Turism Felix’s last year profit of 8.6 million RON, the sum of 4.2 million RON will be used for investments.
Shareholders of the tourism-profile company approved the rectification of the Revenue and Expenditure Budget for this year, specifically operating revenues of 130 million RON and a net profit of 19.5 million RON.
Additionally, the access to funds for the installation of photovoltaic panels was approved.
Recently, Transilvania Investments increased its stake in Turism Felix to 93% after purchasing a 29.3% package of the company’s shares from SIF Oltenia for approximately 44.5 million RON. Turism Felix’s market valuation stands at approximately 147 million RON.
Frequently Asked Questions
What is the dividend yield for Turism Felix?
The gross dividend yield is 2.9%, based on a unit dividend of 0.0087 RON.
When will the Turism Felix dividends be paid?
The dividends are scheduled for payment on September 28, with a registration date of September 8.
Who is the majority shareholder of Turism Felix?
Transilvania Investments currently holds a 93% stake in the company following a recent acquisition from SIF Oltenia.