June 29 (SeeNews) - Romanian gas transmission company Transgaz [BSE:TGN] plans to pay a gross dividend of 27.61 lei ($6.7/6.1 euro) per share for 2015, it said on Wednesday.
In March, the company said it intends to pay a smaller gross dividend for 2015, of 21.24 lei per share.
The company paid a gross dividend of 21.80 lei per share for 2014.
According to the new Fiscal Code, which entered into force on January 1, the standard tax rate applicable to dividends for 2015 is 5%, down from 16% earlier.
Dividend for the financial year 2015 will be paid out between July 13, 2016 and July 13, 2019, Transgaz said in a statement filed with the Bucharest Stock Exchange, BVB.
Majority state-owned Transgaz is a component of the bourse's blue-chip index, BET. Its shares were trading 1.47% down at 268 lei on Wednesday at 1323 CET.
(1 euro = 4.4864 Romanian lei)