News » January, 2011 » 30 January 2011
FP dividends to be set on April 29
30.01.2011, 23:47 | Capital Markets | 938 views
Fondul Proprietatea (Property Fund-FP) shareholders are due to approve on April 29 the distribution of 2010 profit in the form of dividends during the general meeting of shareholders. Each share is likely to be awarded a gross dividend of 0.033 RON, namely 5.3% of Friday's share price of 0.62 RON, should shareholders decide profit should be distributed entirely. FP ended 2010 with income worth 456.3m RON (108m euros), 130% above the revised budget stipulations, according to the latest report issued by manager Franklin Templeton. Read more on ZF.ro
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