“Large shareholders, who own 30-40 percent of total shares, rapidly collected dividends distributed this year; as did some smaller shareholders. Part of the dividends are those which have not been collected in previous years, as the law forced us to keep these available for three years,” said Petre Szel, President of Muntenia Invest, administrator of SIF Muntenia.
The SIFs are distributing dividends worth RON 105 mln (€24 mln) of last year’s profit, which means that the amounts not collected in previous years amount to RON 221 mln (€51 mln). SIFs registered RON 626 mln (€146 mln) in profit in the first ten months of this year.
