SIF Banat-Crisana's gross dividend: 480 ROL

SIF Banat-Crisana will be disbursing a 480 ROL gross dividend this year, chairman Ioan Cuzman said. Every shareholder registered with the shareholders’ registry by March 4 will qualify for dividends. The last day when anyone interested may buy shares to get these dividends is March 1. The dividends disbursed this year account for 76% of last year’s net profit. SIF Banat-Crisana logged preliminary net profit of 344bn ROL ($10.3 million) for 2003, 15% higher than the year before, against an inflationary rate of 14.1%. SIF Banat-Crisana’s shares fell 3% to 4,850bn ROL on the Bucharest Stock Exchange on Wednesday, following the downward trend of all the five financial investment companies (SIF). The other SIF to have announced how much its dividends are worth is SIF Moldova, which will be disbursing 494 ROL/share in gross dividend. ZF