Romcarbon Sa dividend – Romcarbon SA Declares 0.05 Cash Dividend

🌥️Dividends Yield

On June 3, 2023, ROMCARBON SA ($LTS:0M8J) announced a cash dividend of 0.05 RON per share. This marks the fourth consecutive year that the company has declared a dividend. For the past three years, ROMCARBON SA has issued an annual dividend per share of 0.09, 0.09, and 0.01 RON. This has resulted in a total dividend yield of 21.53%, with individual yields for 2021 to 2023 being 30.59%, 30.59%, and 3.4% respectively.

For investors interested in seeking out dividend stocks, ROMCARBON SA could be a viable option to consider. The ex-dividend date for this dividend is May 24, 2022, so investors interested in collecting the dividend must purchase their shares before this date. ROMCARBON SA is a stable company with a consistent dividend policy, making it an attractive option for investors looking for dividend stocks to add to their portfolios.

Stock Price

On Monday, the company’s stock opened at €0.3 and closed at the same rate. This dividend will provide a payout to investors as a reward for their continued support of ROMCARBON SA. This dividend reflects the confidence that ROMCARBON SA has in its continued success.

The company’s stock has been steadily increasing over the past year and this dividend is an indication that the company expects to remain profitable in the near future. This dividend will also provide investors with a return on their investment, as well as a show of appreciation from the company. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Romcarbon Sa. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Romcarbon Sa. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Romcarbon Sa. More…

Key Ratios Snapshot

Some of the financial key ratios for Romcarbon Sa are shown below. More…

Analysis

At GoodWhale, we have conducted a thorough analysis of ROMCARBON SA‘s fundamentals. Our Risk Rating indicates that this is a high risk investment in terms of financial and business aspects. After looking at the income sheet and balance sheet, we have identified two risk warnings that investors should be aware of. If you want to learn more about these risks, register on goodwhale.com and get access to our detailed report. More…

Peers

It faces competition from Shish Industries Ltd, E Pairis SA, and Akumplast Dob, who are all well-known plastics companies in their own right. Despite the tough competition, Romcarbon SA continues to strive for excellence and superior customer service.

– Shish Industries Ltd ($BSE:540693)

Shish Industries Ltd is a leading industrial manufacturer specializing in the production of chemicals, plastics, and industrial products. As of 2023, the company has a market capitalization of 4.06 billion dollars, which makes it one of the most valuable companies in the industry. Shish Industries’ impressive Return on Equity of 21.22% showcases the company’s success in generating profits from its investments in tangible assets. The company has achieved a strong foothold in the industrial manufacturing sector thanks to its efficient and effective operations.

Summary

ROMCARBON SA is an attractive investment prospect for income-oriented investors. Its average dividend yield of 21.53% over the past three years is significantly higher than the market average, with a dividend payout of 0.09 RON per share in 2021 and 2022 and 0.01 RON per share in 2023. As such, investors could benefit from the steady stream of income generated from ROMCARBON SA’s consistent dividend payments.

Furthermore, investors should also take into consideration the potential for capital appreciation that ROMCARBON SA may offer. With its high dividend yields and potential for appreciation, ROMCARBON SA is an attractive option for investors seeking reliable long-term returns.