Sphera Franchise Group (BVB: SFG), the company that operates the Pizza Hut, KFC, and Taco Bell chains in Romania, announced a dividend with a yield of 2.2% for 2026.<\/p>\n
The Board of Directors of Sphera Franchise Group (BVB: SFG), operator of the KFC, Pizza Hut, and Taco Bell brands, has convened the General Meeting of Shareholders for April 28, 2026. On the agenda is the approval of a gross dividend of RON 1.06 (EUR 0.21) per share, the total amount allocated from undistributed net profit for 2023\u20132024 being RON 41 million (EUR 8 million).\u00a0<\/p>\n
Depending on the current trading price of RON 37.55 (EUR 7.36), the gross dividend yield is 2.82%.<\/p>\n
According to the report published on the Bucharest Stock Exchange, the proposed record date is May 14, 2026 (ex-date May 13), and dividend payments are expected to begin on June 5, 2026.\u00a0<\/p>\n
Additionally, shareholders will vote on a reduction of the share capital by RON 9.6 million (EUR 1.88 million) through the cancellation of 642,106 treasury shares acquired by the company under its buyback programs.<\/p>\n
The current dividend proposal comes after the group distributed over RON 80 million (EUR 15.7 million) to investors last year.<\/p>\n
Management is also requesting approval of a credit facility of EUR 27 million (RON 137.7 million) from Raiffeisen Bank to finance operations.<\/p>\n
Sphera\u2019s restaurant sales increased by 1.5% in 2025, reaching RON 1.57 bln (EUR 308.0 million), mainly supported by the Romanian market, which generated around 86% of the total.<\/p>\n
SFG shares have lost 11% over the past year, at a market value of RON 1.5 billion (EUR 294.1 million).<\/p>\n